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For saleMLS® X13809312

221 Glendale Avenue, St. Catharines, ON L2T 2K9

Glendale/Glenridge · L2T 2K9

$199,998

$176 / sq ft

1 months on market

Total area
1,137.19 sf
0

What's special

  • Outside/surface garage
  • Yes

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About this property

Turnkey bubble tea franchise resale in Niagara's premier regional shopping centre. Located in the Pen Centre, Niagara's largest enclosed mall (1.1M+ sq. ft., 180+ stores, daily exposure to a high-volume family and student trade area). This 1,137 sq. ft. inline food service unit is an established, fully built-out location with all equipment, fixtures, leasehold improvements and signage in place - simply step in and operate.The brand is a world-leading international bubble tea concept with 2,500+ locations across 53 countries, backed by strong corporate support, national marketing, proprietary supply chain and ongoing new-product development. Compared with opening a brand-new location (where total investment typically runs $480,000-$680,000 all-in), this resale offers an established trade, trained staff and immediate cash flow at a fraction of the build-out cost.Lease runs to March 2034 with additional renewal options; franchise agreement has two further renewal terms. Ideal for an owner-operator or an existing multi-unit operator looking to add a profitable, high-visibility unit in one of the Niagara Region's strongest retail nodes. Showing by appointment only - please do not approach staff or walk in directly. Buyer covers franchise/lease transfer fee.

Property details

Property

Property type
business
Interior size
1,137.19 sq ft
Zoning
Comercial
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$199,998
Property taxes
$33,628 / year (2026)
Price per sq ft
$176

Listing

MLS® number
X13809312
Status
For sale
Listed
September 21, 2026
Days on market
45
Last updated
October 8, 2026
Listing brokerage
BAY STREET GROUP INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 55% of comparable business for sale listings in St. Catharines are asking less.

$61KMedian $170K$429K
This home
$176 / sq ft
Comparable median
$86 / sq ft

Based on 29 comparable active business for sale listings in St. Catharines. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $10,000
$10,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,050.53
Property tax (est.)
$2,802.35
Estimated monthly
$3,853

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$1,725
Total due on closing
$1,725

An estimate on the asking price of $199,998. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BAY STREET GROUP INC.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$199,998

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