The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Popular, absolutely distinctive restaurant & bar in core Downtown St. Catharines offering a move-in ready setup for the next creative entrepreneur! A business assets-only sale with so much to offer: updated, high quality equipment, a seasonal patio, and gorgeous leasehold improvements in a vibey space. This resto bar has operated successfully alongside hot spots like Oddbar. and sits just down the road from Market Square and Montebello Park for Grape & Wine. On offer is the perfect turn-key operation, with a main floor restaurant in place with seating for 30 indoors + 16 outdoors, 2 washrooms, a large storage/prep room and even an additional updated Food Trailer that can be negotiated. Many of the inclusions have been recently purchased or updated, providing great operations-ready value for the next owner. Worry less about obtaining a liquor license, the hard work has already been done to obtain it (transferrable with LLBO approval), and the seasonal patio is City-licensed as well. Parking included and all equipment & chattels listed in information package attached in supplements. This is an assets-only sale in a leased premises, so let your imagination create something fresh in a space that's been a proven success!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,125/mo
Mortgage (principal + interest)$561
Property taxFrom listing: $6,769/yr$564
Minimum $7,495 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$29,980
Ontario land transfer taxProvincial brackets, no first-time refund$1,224
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$34,004
First-time buyers can get up to $4,000 back on Ontario land transfer tax. St. Catharines has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
