Homula Realty Brokerage
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640 Queenston Road C, Hamilton, ON L8K 1K2

Sale Of Business
$339,999

Exciting opportunity to own a well-established, turnkey, Successful Fast-food Mexican Grill (Bar Burrito) Franchise Business for Sale in a Prime Location in Hamilton. The business comes with modern kitchen equipment, furniture, Spacious premises & High-end Leasehold improvements. Orders on Skip, Uber & Door Dash. Reasonable rent & long-term lease with good options. ** Royalty and Advertising fee is 7%.**Weekly Sale is $11,000 & Growing. **Easy Operation** Fantastic Opportunity For Family Business And New Immigrants, Very Easy To Run, Lots Of Walk-Ins & Regular Clients. Full Franchiser Support & Training. It is a very Busy Plaza With Anchor parking, Surrounded By High-Density Residential & Commercial Areas, High Traffic & Demanding Location. Perfect Family business!** Be your own Boss** Don't Miss This Opportunity!

MLS number
X13558494
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
L8K 1K2
Photos
15
61days · 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
Viola Desmond Elementary School Public School
Hamilton-Wentworth DSB
Elementary376 m5.5 / 10
55% met the standard
Glendale Secondary School
Hamilton-Wentworth DSB
Secondary615 m5.8 / 10
58% met the standard · 2 of 6 measures
Sir Isaac Brock System Alternative Education Secondary School
Hamilton-Wentworth DSB
Secondary674 mNot reported
St. David Catholic Elementary School
Hamilton-Wentworth CDSB
Elementary784 m7.5 / 10
75% met the standard
Hillcrest Elementary Public School
Hamilton-Wentworth DSB
Elementary1.1 km4.6 / 10
46% met the standard
Sir Wilfrid Laurier Public School
Hamilton-Wentworth DSB
Elementary1.6 km5.0 / 10
50% 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.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 573 people.

$54,800Median household income
23.1%Own their home
1.9%Detached houses
42Median age
32.7%Born outside Canada
12.6%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35250227 — the few blocks around this address, home to 573 people. It describes the area, not this property.

573Population
42.1Average age
2.1Household size
$64,000Average household income
$54,800Median household income
23%Own their home
77%Rent
23%Condominiums
33%Born outside Canada
13%University degree
$370,000Average home value
22%Low income
98%Not in the labour force
34%Never married
Under $5,0002%
$15,000 to $19,9993%
$20,000 to $24,9997%
$25,000 to $29,9997%
$30,000 to $34,9997%
$35,000 to $39,9995%
$40,000 to $44,9995%
$45,000 to $49,9995%
$50,000 to $59,99910%
$60,000 to $69,9995%
$70,000 to $79,9997%
$80,000 to $89,99910%
$90,000 to $99,9995%
$100,000 and over12%
$100,000 to $124,9997%
$125,000 to $149,9992%
$150,000 to $199,9992%

Percentages are of the 295 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.

$68,000 · minimum here is $17,000
$1,505.44per month
Borrowed before insurance$271,999
Total borrowed$271,999
Interest over 25 years at 4.5%$179,633

If you rented it out

-$1,505.44per month out of pocket
Rent$0.00
Everything it costs to hold$1,505.44
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.