For Sale

20 Ontario Street, Port Hope, Ontario L1A 2T7

$349,999

20 Ontario Street, Port Hope, Ontario L1A 2T7 is For Sale and has a listing price of 349,999. The property is located in the Port Hope neighbourhood . It's been on the website for 52 Days.

  • Sale Of Business
    Property Type
  • MLS ID: X11993830
  • Office Name HOMELIFE/MIRACLE REALTY LTD
Property Description

This well-established restaurant and bar generates impressive annual sales. It is fully equipped and turnkey, making it ready for both restaurant and bar services. Located in a prime area, the business benefits from ample customer parking. The rent is highly affordable at just $6,100 per month, which includes TMI and HST. A secure lease is in place with a 5-year term and an additional 5-year renewal option. The spacious dining area comfortably accommodates 75 guests. The business is also set up for takeout and delivery, providing additional revenue opportunities. To ensure a smooth transition, owner training is included. This is a fantastic opportunity to own a thriving restaurant and bar with a strong customer base. Don’t miss out!

Property Details
  • MLS ID: X11993830
  • Price: $349,999
  • Lot Depth: 99.26
  • Transaction Types: For Sale
  • Ref ID: X11993830
  • Year Built: N/A
  • Dir / Cross St: Ontario St / Walton St
  • Status: Active
  • Tax Year: 2025
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
02/28/2025 X11993830 $349,999 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Port Hope
  • $944,963 Average List Price
    based on 1 year
  • 4 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 93.83 % Up
  • Sold (12mo) 110
  • Rented (12mo) 23

  • 1 Month Change -0.7%
  • 3 Month Change -29.8%
  • 6 Month Change -17.7%
Walkscore
Property Type Distribution
  • All Houses
    76.86%
  • Commercial
    16.06%
  • Condo
    5.08%
  • Land for Sale
    2%
Additional Details
  • Heat Type Y
  • Garage Type Outside/surface
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: immediate
  • Listing Entry Date: 28/02/2025 19:44:51
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