Homula Realty Brokerage
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

676 APPLEBY Line E110, Burlington, ON L7L 6J9

Sale Of Business
$149,000

Excellent opportunity for newcomers, aspiring entrepreneurs, or those looking to be their own boss to own and operate an established Meltwich franchise in a prime Burlington location. This turnkey business offers the chance to be part of a recognized and growing franchise brand with full franchise support and training provided, making it ideal for owner operators looking to step into the food and beverage industry with confidence. Meltwich is known for its gourmet grilled cheese melts, burgers, poutines, and milkshakes, offering a popular menu and strong brand presence. This business is being sold in as is condition as an operating Meltwich franchise opportunity. Located in a bustling retail complex anchored by AAA tenants including McDonald's, Benjamin Moore, Medical Centre and Pharmacy, Burlington Public Library, CIBC Bank, Dental Care, Subway, Service Canada, and many more, the plaza benefits from a steady stream of daily visitors and strong community presence. The property features ample parking, prominent corner signage, and a bright inviting interior ideal for dine in, take out, and delivery operations. A key highlight is the LLBO license allowing the sale of alcoholic beverages, adding additional revenue potential. Leasehold improvements and premium chattels are included, creating an excellent turnkey opportunity for the next operator. The lease is attractively managed at $3,406 per month plus TMI and taxes, with a total monthly lease of $5,039.60, making it a favorable arrangement for an owner operator or investor. Situated in a thriving and growing Burlington market with a dense residential and commuter base, this is a rare opportunity to own an established Meltwich franchise at one of Burlington's most desirable retail destinations.

MLS number
W13000264
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
2
Postal code
L7L 6J9
Photos
24
151days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Pauline Johnson Public School
Halton DSB
Elementary639 m8.2 / 10
82% met the standard
Frontenac Public School
Halton DSB
Elementary795 m7.8 / 10
78% met the standard
Nelson High School
Halton DSB
Secondary1.5 km8.6 / 10
86% met the standard · 2 of 6 measures
Ascension Catholic Elementary School
Halton CDSB
Elementary1.1 km8.6 / 10
86% met the standard
Pineland Public School
Halton DSB
Elementary1.3 km8.9 / 10
89% met the standard
St. Raphael Catholic Elementary School
Halton CDSB
Elementary2.0 km8.4 / 10
84% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,246 people.

$113,000Median household income
82.3%Own their home
13.8%Detached houses
37.6Median age
40.3%Born outside Canada
40.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35240488 — the few blocks around this address, home to 1,246 people. It describes the area, not this property.

1,246Population
37.2Average age
2.7Household size
$113,200Average household income
$113,000Median household income
82%Own their home
18%Rent
9%Condominiums
40%Born outside Canada
41%University degree
$756,000Average home value
4%Low income
26%Not in the labour force
27%Never married
$20,000 to $24,9991%
$25,000 to $29,9991%
$30,000 to $34,9991%
$35,000 to $39,9991%
$40,000 to $44,9991%
$45,000 to $49,9991%
$50,000 to $59,9993%
$60,000 to $69,9993%
$70,000 to $79,9993%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over38%
$100,000 to $124,99910%
$125,000 to $149,9999%
$150,000 to $199,99911%
$200,000 and over7%

Percentages are of the 745 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$29,800 · minimum here is $7,450
$659.74per month
Borrowed before insurance$119,200
Total borrowed$119,200
Interest over 25 years at 4.5%$78,722

If you rented it out

-$659.74per month out of pocket
Rent$0.00
Everything it costs to hold$659.74
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX REAL ESTATE CENTRE INC.. Listing data provided by the Toronto Regional Real Estate Board.