1414 KING Street Unit 17
Courtice / Clarington, ON L1E 2J5
About This Property
CAN BE CONVERTED INTO OTHER CONCEPT. Excellent opportunity to acquire a well-established restaurant business in Courtice. Currently operating as DOSA EATERY, with potential for conversion to another food concept (subject to landlord). Prime location at King St E & Townline Rd S, surrounded by residential neighbourhoods, schools, offices, banks, major retailers, and convenient highway access. Monthly Sales: Approx.: $28,000 to $32,000. Rent: $8,372.19/month including TMI and HST. Existing lease term until 2033 with two additional 5-year renewal options available. Current royalty fee is 6%. Great opportunity for owner-operators or investors seeking a turnkey business in a growing community.
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E13476262
Listed by HOMELIFE/MIRACLE REALTY LTD
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.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$1,343
/month · $220,000 mortgage
Amortization
Total Interest
$182,858
Total Cost
$402,858
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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