8685 Lundy's Lane

Niagara Falls | | L2H 1H5

Ask: $324,999 $249,999

Est. Mtg $847 /mo
  • Days on market

  • Status

Listing Broker RE/MAX REAL ESTATE CENTRE INC.
Since listed: 0 views

Home details

MLS #:

X9394202

Property type:
Sale Of Business
Style:
Taxes:
$13
Possession:
Flexible

Description


8685 Lundy's Lane, # 7, Niagara Falls, Ontario is a Sale Of Business property in Niagara Falls and in the community in the L2H 1H5 postal code


Own a Successful Indian Restaurant Franchise in the Heart of Niagara Falls! Located at the high-traffic intersection of Lundy's Lane and Kalar Road, this thriving Indian restaurant franchise occupies an impressive 1,750 sq ft and is perfectly positioned just minutes from Niagara Falls, Clifton Hill, and the iconic Niagara Sky Wheel-prime destinations for both tourists and locals. With excellent exposure, ample parking, and easy access from nearby hotels, this restaurant draws in a steady flow of customers. The restaurant comes with an approved LLBO license and presents significant potential for catering orders, making it an excellent opportunity for growth. Lease terms are highly favorable, with rent set at $4,255.42 (including TMI) until August 31, 2026, plus two 5-year renewal options. The seller is ready to ensure a smooth transition with comprehensive training for the new owner. Don't miss out on this rare opportunity to own a flourishing restaurant in one of Canada's most visited tourist hubs! Please Do Not Go Direct or Speak to Employees..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-10 $324,999 $249,999 X9394202

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Niagara Falls :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 8685 Lundy's Lane

Based on available 3rd party data

$983

Approximate costs per month

Mortgage
$847 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker RE/MAX REAL ESTATE CENTRE INC.
Data Source: TRREB

Payment calculator

$848 monthly. In association with: TD Bank
%
  • Principal and Interest
    847 /mo
  • Property Taxes
    $1 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Luis Serrano, Realtor

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