All photos · 27
12270 Yonge Street Unit A, Richmond Hill, ON L4E 0W5
$420,000
Beds
n/a
Baths
n/a
Type
Commercial
About this home
This restaurant is located in a busy Richmond Hill strip plaza with ample free parking and strong daily traffic, surrounded by major anchors including Farm Boy, LCBO, leading banks, and other popular restaurants. Significant investment has been made in the build-out and renovations, positioning the business well for its next stage of growth. The approximately 2,500 sq. ft. unit features a fully equipped kitchen with a 16-ft hood and additional 8-ft hood and a walk-in cooler, and the flexible layout can accommodate a wide range of restaurant concepts. Well known in the surrounding neighbourhoods, the business benefits from steady walk-in traffic and loyal repeat customers. Approximately 7 years remain on the current lease, with the buyer to negotiate a new lease or extension directly with the landlord.
Heating
- · Gas Forced Air Closed
Cooling
- · Yes
What it could cost monthly
Estimated monthly
$1,923
Principal & interest, per month
- Mortgage amount
- $336,000
- Down payment
- $84,000
- Total interest paid
- $241,000
Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.
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Listing brokerage
RE/MAX REALTRON REALTY INC.
Each office independently owned and operated.