Homula Realty Brokerage
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3701 Portage Road 6, Niagara Falls, ON L2J 2K8

Sale Of Business
$129,900

Excellent opportunity to acquire a fully equipped restaurant setup - chattels and fixtures sale only in a high-traffic Niagara Falls location. Approx. 673 sq. ft. featuring an impressive approx. 10-ft commercial exhaust hood, commercial kitchen equipment, fixtures and improvements. Strategically located in the Five Corners area, directly across from Sobeys, with Shoppers Drug Mart in the plaza, The Beer Store nearby and minutes from A.N. Myer Secondary School. Current total occupancy cost is less than $2,000/month including Base Rent, TMI and HST. Newly extended 5-year lease to June 14, 2031, plus an additional 5-year renewal option. Excellent turnkey opportunity with low overhead and substantial existing restaurant fit-up. Business name and corporation not included.

MLS number
X13760588
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
Postal code
L2J 2K8
Photos
15
Property tax
$12 / year
5days · 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
John Marshall Public School
DSB Niagara
Elementary307 m9.0 / 10
90% met the standard
A N Myer Secondary School
DSB Niagara
Secondary356 m8.2 / 10
82% met the standard · 2 of 6 measures
St Gabriel Lalemant Catholic Elementary School
Niagara CDSB
Elementary409 m6.8 / 10
68% met the standard
Bee Montessori NiagaraElementary514 mNot reported
Notre Dame Catholic Elementary School
Niagara CDSB
Elementary498 m6.7 / 10
67% met the standard
Martha Cullimore Public School
DSB Niagara
Elementary905 m9.2 / 10
92% 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 408 people.

$48,400Median household income
63.3%Own their home
19.1%Detached houses
57.6Median age
31.5%Born outside Canada
20.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35260034 — the few blocks around this address, home to 408 people. It describes the area, not this property.

408Population
52.5Average age
1.7Household size
$57,200Average household income
$48,400Median household income
63%Own their home
37%Rent
74%Condominiums
32%Born outside Canada
20%University degree
$355,000Average home value
19%Low income
27%Never married
Under $5,0002%
$15,000 to $19,9992%
$20,000 to $24,9996%
$25,000 to $29,9998%
$30,000 to $34,9999%
$35,000 to $39,9996%
$40,000 to $44,9996%
$45,000 to $49,9998%
$50,000 to $59,9999%
$60,000 to $69,9994%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9994%
$100,000 and over15%
$100,000 to $124,9996%
$125,000 to $149,9992%
$150,000 to $199,9994%

Percentages are of the 265 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.

$25,980 · minimum here is $6,495
$575.17per month
Borrowed before insurance$103,920
Total borrowed$103,920
Interest over 25 years at 4.5%$68,631

If you rented it out

-$576.17per month out of pocket
Rent$0.00
Everything it costs to hold$576.17
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 GARDEN CITY REALTY INC, BROKERAGE. Listing data provided by the Toronto Regional Real Estate Board.