Description

Property + Profitable Business + Secret Recipes. Rare Opportunity , A well-known and highly popular restaurant is now available for sale -A true turn-key opportunity! Approved occupancy of 130. 28-foot exhaust hood. The current chef will personally train the buyer and transfer all culinary techniques and trade secrets. Perfect for investors or anyone looking for a ready-to-run, profitable restaurant with a strong customer following. Serious buyers only (id:66096)

Property Details

MLS®: N12897986
Property Type: Retail
Business Type: Retail and Wholesale
Zoning: Restaraunt
Interior Size: 3,920 ft²
Frontage: 18 m
Heating: Forced air
Cooling: Fully air conditioned
Garage: Underground
Property Tax: $25,985.82/yr
Listed: 231 days ago

Market Timing

Days on market

231d

Markham (Cachet) listings, avg age

88d

Price / ft²

$1,148

List price

$4.50M

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.

Homes here sell close to asking price

Homes in this market sold for an average of 97.8 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

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Area context

Neighbourhood profile (L6C)

This home lists at $4,500,000, about 38.1× the local median household income of $118,000.

Carrying it typically needs a household income of about $879,008 (20% down, 25-yr amortization, stress-tested) — roughly 645% above the area median.

Median household income: $118,000
Population: 51,738
Median age: 41.2
Owner / renter: 86% / 14%
Avg. household size: 3.3

Source: Statistics Canada, 2021 Census (FSA L6C)

$4,500,000· $1,148/ft²

For sale

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Financing

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#2R1 & 2R2 9390 woodbine Avenue, Markham (Cachet) - Retail for Sale

Description

Property Details

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Market Timing

Location

Nearby Places

Neighbourhood profile (L6C)

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