3989 Highway 7 East N/A
Unionville / Markham, ON L3R 5M6
About This Property
This Chinese hot pot restaurant, located at 3989 Highway 7 in city of Markham, is the largest hot pot restaurant in North America . Spanning over 8,000 square feet, it has two floors, seven private rooms, liquor license, 312 seats. The owner invested heavily in the restaurant's luxurious renovation, featuring renowned designers, dazzling lighting, and the use of precious woods and marble, all meticulously crafted to highlight local culture. All tableware and furniture are exquisitely high-end. The restaurant offers accessible restrooms and high-rise children's seats, and a spacious staircase and elevator provide direct access to the second floor. Both floors have kitchens and freezers, and a separate loading ramp. The unique walkway design is truly impressive! Located in Markham's bustling commercial center, the restaurant is approximately 10 minutes from Highway 404 and less than 5 minutes from Highway 407. The surrounding area is densely populated, especially with a large Chinese population. The rent is very favorable, and the lease term is long. Adding barbecue or other specialty food services could be beneficial! Turn key business!
Property Details
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® N13494168
Listed by AIMHOME REALTY INC.
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Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$12,110
/month · $1,984,000 mortgage
Amortization
Total Interest
$1,649,050
Total Cost
$3,633,050
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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