haho.ca
$789,000
For sale

192 McEwan Drive, Caledon (Bolton East) - Business for Sale

192 McEwan Drive, Caledon (Bolton East), Ontario, L7E4E5

3,400 ft²Listed 198 days ago
Overview

This business in Caledon is for sale offering roughly 3,400 sq ft of space.

Description

Symposium Cafe Restaurant & Lounge is a unique and upscale dining concept offering a diverse menu that caters to a wide range of tastes and dining preferences. This fully licensed, full-service restaurant presents an exceptional opportunity to own a thriving, well-established business in one of Bolton's most desirable and high-traffic locations.The restaurant features a warm, inviting atmosphere with beautifully designed interior spaces, complemented by spacious outdoor patios that provide an enjoyable al fresco dining experience. The premises are fully built out with a well-equipped commercial kitchen and a thoughtfully designed dining area, allowing for seamless day-to-day operations.This turnkey operation includes comprehensive financial records, with a strong net income of $188K+ in 2024, showing consistent year-over-year growth. Head Office provides training and ongoing support to ensure a smooth and successful transition for the new owner.A secure long-term lease is in place, offering stability and excellent potential for future growth.A rare opportunity to acquire a profitable and reputable restaurant in a prime location. (id:66096)

Property Details

MLS®
W13020576
Property Type
Business
Business Type
Restaurant
Zoning
COMMERCIAL
Interior Size
3,400 ft²
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Property Tax
$18,118/yr
Listed
198 days ago

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
198d
Caledon (Bolton East) listings, avg age
50d
Price / ft²
$232
List price
$789K

Long Listed: 198 days on market, against an average age of 50 days across the listings currently for sale in this city

Haho

This business in Caledon (Bolton East) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by RE/MAX HALLMARK REALTY LTD. · SAMERA EBADI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L7E)

This home lists at $789,000, about 6.0× the local median household income of $132,000.

Carrying it typically needs a household income of about $154,119 (20% down, 25-yr amortization, stress-tested) — roughly 17% above the area median.

Median household income
$132,000
Population
34,516
Median age
42.4
Owner / renter
90% / 10%
Avg. household size
3

Source: Statistics Canada, 2021 Census (FSA L7E)

$789,000· $232/ft²
For sale

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Financing

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$789,000

Caledon

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