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$199,000
For sale

#4 101 James Snow Parkway North, Milton (DG Derry Green) - Business for Sale

#4 101 James Snow Parkway North, Milton (DG Derry Green), Ontario, L9E0H4

5 baths100 parking1,500 ft²Listed 111 days ago
Overview

This business in Milton is for sale offering roughly 1,500 sq ft of space.

Description

Turnkey quick service restaurant (QSR) available and ready for rebranding into a different concept, cuisine, or franchise. Currently operating as a Meltwich location, this versatile space is especially well suited for Chinese, wing, Italian, or a wide variety of other quick service food concepts looking to take advantage of an established restaurant buildout. The efficient 1,500 sq. ft. layout offers seating for 30 and is fully equipped for continued restaurant use. Featuring a 5-ft commercial hood, one walk-in fridge, excellent signage, and a functional kitchen layout, this is an outstanding opportunity for an owner-operator or expanding brand seeking a turnkey location with minimal startup costs. Lease rate of only $5,070 Gross Rent including TMI with 5 + 5 + 5 years remaining. Located in a busy commercial plaza just off Highway 401, the property benefits from parking for over 100 vehicles, excellent visibility, and a strong mix of neighbouring restaurants and retailers that generate consistent customer traffic. Please do not go direct or speak to staff or ownership. (id:66096)

Property Details

MLS®
W13570722
Property Type
Business
Business Type
Restaurant
Zoning
Business Commercial
Bathrooms
5
Parking
100
Interior Size
1,500 ft²
Lot Size
60 × 81 ft (4,874 sq ft)
Frontage
60 ft
Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Listed
111 days ago

Features

Lot Features
Irregular lot size

Services

Water
Municipal water

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
111d
Milton (DG Derry Green) listings, avg age
53d
Price / ft²
$133
List price
$199K

Long Listed: 111 days on market, against an average age of 53 days across the listings currently for sale in this city

Homes here sell faster than most markets

Sold homes in this market spent an average of 32 days on the market over the past year, against a median of 48 days across the markets we publish.

Haho

This business in Milton (DG Derry Green) is available now. Want me to connect you with the agent or keep you posted on any price updates?

Listed by ROYAL LEPAGE SIGNATURE REALTY · RYAN EARL

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (L9E)

This home lists at $199,000, about 1.6× the local median household income of $124,000.

Carrying it typically needs a household income of about $38,872 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$124,000
Population
16,933
Median age
32.4
Owner / renter
75% / 26%
Avg. household size
3.5

Source: Statistics Canada, 2021 Census (FSA L9E)

$199,000· $133/ft²
For sale

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Financing

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$199,000

Milton

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