All photos · 9

Thornhill

7181 Yonge Street 246, Markham, ON L3T 0C5

$58,000

Beds

n/a

Baths

n/a

Type

Commercial

About this home

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.

Heating

  • · Gas Forced Air Open

Cooling

  • · Yes

What it could cost monthly

Estimated monthly

$266

Principal & interest, per month


Mortgage amount
$46,400
Down payment
$11,600
Total interest paid
$33,281

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

RE/MAX REALTRON SMART CHOICE TEAM

Each office independently owned and operated.