1223 Michael Street
2201 - Cyrville / Cyrville - Carson Grove - Pineview, ON K1J 7T2
About This Property
An excellent turnkey business opportunity----A well-run restaurant is for sale:It boasts a prime location on the ground floor of a large office building, serving five surrounding office buildings. Offering both takeout and dine-in services,the restaurant(1780 sq feet) can accommodate 30 people at the same time, it enjoys a stable customer base and consistent income. The current owner has run the restaurant for 10 years and is reluctantly selling due to retirement. The restaurant primarily serves breakfast and lunch, operating five days a week, closed on weekends and holidays, from 8 am to 4 pm daily.the monthly rent($1612.5+tax) is low and includes all utilities(water,electricity and heating,cooling).all items in this business are sold as is.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X13680054
Listed by RIGHT AT HOME REALTY
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 trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
asking price
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$430
/month · $70,400 mortgage
Amortization
Total Interest
$58,515
Total Cost
$128,915
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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