1009 Dundas Street East, Whitby (Pringle Creek) - Business for Sale
1009 Dundas Street East, Whitby (Pringle Creek), Ontario, L1N2K4
This business in Whitby is for sale. It has been on the market 16 days, fresher than the Whitby average of 38 days.
Description
A thriving Tex-Mex restaurant with more than 18 years in business, this turnkey, profitable operation offers a strong reputation, experienced staff, and significant recent upgrades. Improvements made over the past three years include replacement flooring in three key areas, a new sound system, upgraded kitchen equipment, a new security system, updated plumbing and electrical, a new walk-in compressor, and new booths and chairs. The property also features a beautiful three-season patio that can seat 47, a freshly painted rear parking lot for customer convenience, and a prime main-street location. Financials are available with a signed confidentiality agreement. Please do not approach staff. The lease has three years remaining, with an additional five-year renewal option. Note: No Franchise Fees. (id:66096)
Property Details
- MLS®
- E14094264
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Parking
- 20
- Lot Size
- 68 × 198 ft (13,559 sq ft)
- Frontage
- 69 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $16,419/yr
- Listed
- 16 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Active: 16 days on market, against an average age of 38 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 25 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.5 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Whitby (Pringle Creek) has been listed for 16 days, which is 22 days fresher than the city average of 38. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1N)
This home lists at $479,999, about 4.8× the local median household income of $100,000.
Carrying it typically needs a household income of about $93,761 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $100,000
- Population
- 49,649
- Median age
- 43.6
- Owner / renter
- 73% / 27%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA L1N)
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$479,999
Whitby