581 GARAFRAXA Street, West Grey, ON

$124,000
MLS#:X13506356
0 beds
0 baths
Commercial
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Property Highlights

Welcome to this remarkable sale of business located in the coveted neighborhood of West Grey. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $124,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 0 Bedrooms and 0 Bathrooms
  • Spacious lot size measured in Feet
  • equipped with yes central cooling and highly efficient electric forced air heating

Description

Backed by Chairman's Brands, one of Canada's largest QSR groups, this well-established New Orleans Pizza franchise presents an exceptional opportunity in the growing community of Durham, Grey County. Operating successfully for over 25 years, with the current owner in place for 15+ years and now retiring, this is a well-timed opportunity to acquire a deeply rooted business with a loyal customer base and proven operating history.Strategically located on Highway 6, the primary route connecting Southern Ontario to Owen Sound, the Bruce Peninsula, and Grey County cottage country, the business benefits from consistent traffic generated by local residents, commuters, seasonal visitors, campers, and tourists throughout the year. The bright, highly visible storefront features ample parking and shares the site with a busy gas station, creating a natural stop for travellers heading north and south.Offering approximately 1,500 sq ft, this location features a full dining room, spacious kitchen, and generous customer lobby - significantly larger than a typical pizza franchise footprint. Monthly rent of approximately $2,200 is exceptionally attractive for a fully built-out franchise operation of this size.Durham continues to experience significant investment and growth, including new residential development, expanded healthcare services, and a new police station, supporting long-term population growth and increasing consumer demand. Uber Eats, DoorDash, and SkipTheDishes have recently been added, with delivery penetration in this market still in early stages.Financial statements available upon execution of an NDA. Head lease with Franchise.

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Key Features

0
Property Type
Commercial

Additional Details

StatusActive
Listed Date6/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeSale Of Business
CountyGrey County
Annual Tax$0
Legal DescriptionBUSINESS ONLY + LEASE- NEW ORLEANS PIZZA

Parking & Garage

Garage TypeNone

Heating & Cooling

Heat TypeElectric Forced Air
CoolingYes

Features

Property Features

Interior Features

Security Features

Community Features

Major Highway

Location

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581 GARAFRAXA Street, West Grey, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 581 GARAFRAXA Street S, West Grey, ON N0G 1R0

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in West Grey.

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Interest Rate5.25%
Down Payment$6,200 (5.0%)
* Minimum Canadian down payment required for this price is $6,200.
Amortization Period25 Years
Estimated Monthly Payment$702Based on a loan of $117,800 over 25 years.
Purchase Price$124,000
Loan Amount$117,800
Provincial Land Transfer Tax:$965
Total Estimated Closing Taxes:$965

About Purchasing a Home in West Grey, ON

For a property listed at $124,000 in West Grey, the legal minimum down payment is $6,200 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $965 for this transaction. As this listing is in West Grey (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $965.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for West Grey, West Grey.

Verified Local Data
City Population6,202,225
City Median Age39.6 Yrs
City Ownership65% Owners
Avg Area List Price$571,075

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
50%
Couples without children
24%
Other households
0%

Top Ethnic Origins

Chinese11%
English9%
Indian9%
Irish8%

Local Schools Guide

Elementary Schools

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Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.