7181 Yonge Street Unit 246
Markham, ON L3T 0C5
About This Property
Outstanding Opportunity To Own A Well-Established Korean-Chinese Restaurant Located In The Vibrant Food Court Of The Highly Sought-After World On Yonge Shopping Mall, A High-Traffic Mall With Over 300 Retail Stores And Ample FREE Underground Parking For Visitors. Surrounded By Numerous High-Rise Condo Towers And A Dense Residential Community, The Location Provides A Large, Built-In Customer Base. The Restaurant Enjoys Exceptional Exposure, Centrally Positioned Among The Food Court Seating Area, Allowing It To Stand Out From Other Vendors And Capture Constant Foot Traffic. Its Prime Location Offers Excellent Accessibility For Walk-In Customers And Is Ideal For Takeout And Delivery Services. This Turnkey Operation Features A Fully Equipped Commercial Kitchen, Favorable Rent, And A Secure Long-Term Lease With 3Years Remaining Plus A 5-Year Renewal Option. Operating 5.5 Days Per Week, The Business Benefits From Low Food Costs, Efficient Operations, And Steady, Reliable Income, Making It An Ideal Opportunity For A Young Couple Or Owner-Operator. Seller Will Provide Training After Closing To Ensure A Smooth Transition. Extras: Seller Will Provide Business Documents (Excluding Financial Statements) Upon Acceptance Of An Offer. Inventory/Stock Is Extra. Rare no-demolition clause unit-zero redevelopment risk! Unlike some/many Yonge St. listings, your investment is safe here.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® N12727934
Listed by RE/MAX REALTRON SMART CHOICE TEAM
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
$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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RE/MAX REALTRON SMART CHOICE TEAM







