All photos · 1

Milliken Mills West

3636 Steeles Avenue E 151-153, Markham, ON L3R 1K9

$399,000

Beds

n/a

Baths

n/a

Type

Commercial

About this home

EXCELLENT LOCATION!!! RESTAURANT BUSINESS FOR SME, LOCATED AT METRO SQUARE PLAZA. NEAR CORNER OF WARDEN/STEELES. SURROUND BY MANY WELL KNOWN RESTAURANT. DOLLARS STORE. OFFICE BUILDINGS. 3 UNITS (151, 152, 153). COMBINES APROX. 3280 SQ FT. FULLY LLBO LICENCE FOR 75 PEOPLE. SPACES CAN FIT. OVER 115 SEATS. VERY BUSY RESTAURANT. PRESENTLY EMPLOYED 13 WORKERS (8 PEOPLE IN THE KITCHEN, 5 WAITER/WAITRESS). LEASE UNTIL FEB 28 2029 AT $31/SQFT plus. Aprox $25/TMI. 5 YEARS OPTION EXTRA. TENANT IS PAYING $22.000 / MONTH WITH HST. (APPROX. BREAK DOWN BASIC RENT $8520, TMI $7,000 WATER $3,500 PLUS HEAT, HYDRO ON SEPERATE METERS) A VIEWING ONLY BETWEEN 9AM- 11AM, PLEASE DO NOT DISTURB THE WORKER EMPLOYEE. BUSINESS HOURS 11AM TO 1AM DAILY. POSSIBLE TO ARRANGE A 5 YRS NEW LEASE.

Heating

  • · Gas Forced Air Open

Cooling

  • · Yes

What it could cost monthly

Estimated monthly

$1,827

Principal & interest, per month


Mortgage amount
$319,200
Down payment
$79,800
Total interest paid
$228,950

Indicative only. Final terms depend on your lender, credit profile, and CMHC insurance if your down payment is under 20%.

A note from your agent

Alfred Martinelli

Broker

416-839-3599

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Listing brokerage

KW Living Realty

Each office independently owned and operated.