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16640 Yonge Street, Summerhill Estates

Price

$250,000

Bedrooms

Not listed

Bathrooms

2 Baths

Size

Not listed

Year Built

Not listed

Property Type

Commercial

Property Taxes

Not listed

Description

Opportunity To Own A Well Established Restaurant With A Modern Ambiance Known For Its Authentic Asian Flavours And Interactive Dinning Experience With Ample Free parking. Fully Equipped Kitchen With A 15ft Hood , Offering An Extensive Menu Combining Traditional Cuisine With A Contemporary Twist, Making It A Must-Visit Spot For Food Enthusiasts, Social Gatherings/Group Dinning. Rent $12,500/Month Including Tmi, Water & Garbage Removal. Professionally Managed By Riocan. The Restaurant Can Easily Be Transformed To Fit Any Desired Concept. High Traffic Location, Major Retail Destination, A Strong Reputation With Loyal Clients.

Property History

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The Property Location

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Total Monthly Payment

$899 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$200,000

Total Interest Payments

$123,313

Total Payment (Principal + Interest)

$323,313

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

Meet Shawn

Meet Shawn

If you are planning to buy or sell a home, you want the process to go successfully. If you are selling, success means getting your property sold quickly and for the highest price possible. If you are buying, it means finding your next dream home and getting into it, affordably. On top of that, if you are like most of my satisfied customers, you also want everything to go smoothly, with as little stress as possible. How can you ensure all that happens? By working with a real estate agent who truly puts you first. I am proud to be the real estate agent of choice for those who want a great experience buying or selling a home. My “clients-first” approach means that you will be working with a professional who listens to you, provides expert advice, and works hard on your behalf.

Let's Find Your Dream Home Together