Homula Realty Brokerage
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305 North Front Street 5A, Belleville, ON K8P 3C3

Sale Of Business
$149,000

Successful Portuguese Franchise for Sale Prime Belleville Location. Very well-known and fast-growing Portuguese franchise now available for sale in a high-traffic plaza in Belleville, close to Highway 401 with excellent accessibility and visibility. Located in a busy anchor plaza beside Fresco ensuring consistent foot traffic. ; Size: 900 sq. ft. (efficient, easy-to-manage layout). This is a brand-new setup (2025) with all new equipment, modern interiors, and strong brand recognition. Business Highlights: Strong and growing brand presence Excellent customer ratings: Google: 4.5 Uber Eats / Door Dash: 4.7 Prime location near Highway 401 for steady traffic Busy plaza with major anchor tenant (Fresco)Fully equipped, turnkey operation Financial Snapshot: Current monthly sales: ~35k-40k (still ramping up) Huge growth potential with proper owner-operator involvement Projected potential: $60,000 $70,000/month Food Cost: ~32%Labour Cost: ~22% (can be reduced further if owner-operated). Very low rent: Only $2,300/month. You can bring your own Banner as well.

MLS number
X13162088
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
K8P 3C3
Photos
5
116days · 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.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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
Georges Vanier Catholic School
Algonquin and Lakeshore CDSB
Elementary546 m6.4 / 10
64% met the standard
Prince of Wales Public School
Hastings & Prince Edward DSB
Elementary963 m4.4 / 10
44% met the standard
Holy Rosary Catholic School
Algonquin and Lakeshore CDSB
Elementary1.1 km6.5 / 10
65% met the standard
Park Dale Public School
Hastings & Prince Edward DSB
Elementary1.1 km5.9 / 10
59% met the standard
St Theresa Catholic Secondary School
Algonquin and Lakeshore CDSB
Secondary1.2 km6.6 / 10
66% met the standard · 2 of 6 measures
Nicholson Catholic College
Algonquin and Lakeshore CDSB
Secondary2.0 km6.9 / 10
69% met the standard · 2 of 6 measures
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 1,570 people.

$73,000Median household income
70.4%Own their home
53.7%Detached houses
48Median age
14.3%Born outside Canada
22.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35120147 — the few blocks around this address, home to 1,570 people. It describes the area, not this property.

1,570Population
46.5Average age
2.3Household size
$93,200Average household income
$73,000Median household income
70%Own their home
30%Rent
15%Condominiums
14%Born outside Canada
23%University degree
$466,000Average home value
12%Low income
93%Not in the labour force
27%Never married
Under $5,0001%
$10,000 to $14,9991%
$15,000 to $19,9991%
$20,000 to $24,9992%
$25,000 to $29,9993%
$30,000 to $34,9993%
$35,000 to $39,9993%
$40,000 to $44,9995%
$45,000 to $49,9994%
$50,000 to $59,9998%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over25%
$100,000 to $124,9999%
$125,000 to $149,9997%
$150,000 to $199,9996%
$200,000 and over3%

Percentages are of the 905 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 HOMELIFE/MIRACLE REALTY LTD. Listing data provided by the Toronto Regional Real Estate Board.