17080 Bathurst Street
Newmarket, ON L3X 3A5
About This Property
Very rare opportunity to own a profitable and well-established convenience store in Newmarket with a strong base of loyal customers. Excellent location in the heart of a residential community with no direct competition within a long distance, resulting in steady traffic and high profit margins. The area continues to grow, with hundreds of new homes being built and occupied. Selling Wine & Beer. A lots of potentials to increase sale by adding other items. Weekly sales with consistent performance over many years. Additional income includes Lotto commissions averaging $3,000/month and ATM income averaging $470/month. Affordable rent at $4,000/month, including water, TMI, and HST. Lease term: 5 + 5 years. Inventory is extra. The business is well run with stable sales and is being sold due to the owner's retirement plan. The Business has been operated by current owners successfully for past 12 years.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® N12747508
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.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$825
/month · $135,200 mortgage
Amortization
Total Interest
$112,375
Total Cost
$247,575
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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