Homula Realty Brokerage
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2070 Rymal Road E 3, Hamilton, ON L0R 1P0

Sale Of Business
$92,000

Exceptional opportunity to own a well-established shawarma restaurant in a prime Hamilton East Mountain location. This fully turnkey business recently renovated in the last 4 years with numerous upgrades is ready for a seamless transition. Benefit from a loyal customer base, seating for up to 30 guests, and all equipment included in the purchase price. Enjoy the security of a favourable lease in place until 2032, with an option to extend for a further 5 years. A fantastic opportunity for entrepreneurs or experienced operators looking to step into a successful, ready-to-go business.

MLS number
X13545814
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
L0R 1P0
Photos
13
65days · 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
Shannen Koostachin Elementary School Elementary Public School
Hamilton-Wentworth DSB
Elementary673 m6.4 / 10
64% met the standard
Gatestone Elementary Public School
Hamilton-Wentworth DSB
Elementary1.2 km6.1 / 10
61% met the standard
St. Mark Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary1.1 km8.0 / 10
80% met the standard
Mount Albion Public School
Hamilton-Wentworth DSB
Elementary1.9 km6.7 / 10
67% met the standard
Janet Lee Public School
Hamilton-Wentworth DSB
Elementary2.2 km7.8 / 10
78% met the standard
Bishop Ryan Catholic Secondary School
Hamilton-Wentworth CDSB
Secondary1.9 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 7,631 people.

$119,000Median household income
83.1%Own their home
57.6%Detached houses
33.2Median age
39.8%Born outside Canada
32.4%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35251029 — the few blocks around this address, home to 7,631 people. It describes the area, not this property.

7,631Population
33Average age
3.5Household size
$129,800Average household income
$119,000Median household income
83%Own their home
17%Rent
16%Condominiums
40%Born outside Canada
32%University degree
$819,000Average home value
7%Low income
41%Not in the labour force
28%Never married
Under $5,0001%
$5,000 to $9,999<1%
$10,000 to $14,999<1%
$15,000 to $19,999<1%
$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 $69,9994%
$70,000 to $79,9993%
$80,000 to $89,9994%
$90,000 to $99,9994%
$100,000 and over39%
$100,000 to $124,99910%
$125,000 to $149,9999%
$150,000 to $199,99912%
$200,000 and over7%

Percentages are of the 3,585 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.

$18,400 · minimum here is $4,600
$407.36per month
Borrowed before insurance$73,600
Total borrowed$73,600
Interest over 25 years at 4.5%$48,607

If you rented it out

-$407.36per month out of pocket
Rent$0.00
Everything it costs to hold$407.36
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 ESCARPMENT REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.