Homula Realty Brokerage
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1840 Lansdowne Street W, Peterborough, ON K9K 2L8

2 baths · Sale Of Business
$450,000

Established ICONIC Burger Shop. Award winning 15 years in a row Popular Burger Shop(s) / Diner(s) in Peterborough. Both AA+ Peterborough locations are for sale together, proudly providing delicious in-house ground steak burgers and more with a warm, welcoming ambiance that will take you back in time to the 40 and 50"s. The space is air-conditioned and designed for comfort, efficiency and high-volume service. Commercial kitchens support dine-in, and take-out. Retro chattels and fixtures, furnishings, dishes, pots, pans, and recipes ensuring a seamless transition for the next operator. Low fixed operating costs make this an excellent opportunity for an owner-operator or entrepreneur looking to step into an established business with strong brand recognition and repeat clientele. Lots of customer parking available. The location offers immediate revenue potential and is priced to sell. Full support and training available through the seller. Set up on major delivery platforms. Note: this is a Business Asset Sale and Buyer will assume the existing lease. Do not go direct do not speak to the staff. Showings are from 8am- 11am Monday to Friday only. BEING SOLD WITH X13487786

MLS number
X13487814
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
2
Postal code
K9K 2L8
Photos
11
80days · 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.

Approximate — placed from the postal code, which can cover a block or more.

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
Kawartha Heights Public School
Kawartha Pine Ridge DSB
Elementary408 m6.7 / 10
67% met the standard
Holy Cross Catholic Secondary School
Peterborough Victoria Northum Clarington CDSB
Secondary959 m6.1 / 10
61% met the standard · 2 of 6 measures
James Strath Public School
Kawartha Pine Ridge DSB
Elementary1.7 km7.6 / 10
76% met the standard
ÉSC Monseigneur-Jamot
CS catholique MonAvenir
Secondary2.0 km7.7 / 10
77% met the standard · 2 of 6 measures
Crestwood Intermediate School
Kawartha Pine Ridge DSB
Elementary1.8 kmNot reported
Crestwood Secondary School
Kawartha Pine Ridge DSB
Secondary1.8 km6.8 / 10
68% 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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 1,007 people.

$100,000Median household income
80.4%Own their home
83.6%Detached houses
57.6Median age
15.7%Born outside Canada
30.2%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35150137 — the few blocks around this address, home to 1,007 people. It describes the area, not this property.

1,007Population
53.6Average age
2.7Household size
$111,000Average household income
$100,000Median household income
80%Own their home
20%Rent
0%Condominiums
16%Born outside Canada
30%University degree
$670,000Average home value
6%Low income
61%Not in the labour force
24%Never married
$15,000 to $19,9991%
$20,000 to $24,9991%
$35,000 to $39,9991%
$40,000 to $44,9992%
$45,000 to $49,9993%
$50,000 to $59,9994%
$60,000 to $69,9994%
$70,000 to $79,9994%
$80,000 to $89,9995%
$90,000 to $99,9995%
$100,000 and over34%
$100,000 to $124,99910%
$125,000 to $149,9998%
$150,000 to $199,9998%
$200,000 and over9%

Percentages are of the 460 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.

$90,000 · minimum here is $22,500
$1,992.50per month
Borrowed before insurance$360,000
Total borrowed$360,000
Interest over 25 years at 4.5%$237,751

If you rented it out

-$1,992.50per month out of pocket
Rent$0.00
Everything it costs to hold$1,992.50
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 Royal LePage Frank Real Estate. Listing data provided by the Toronto Regional Real Estate Board.