1025 Elgin St W

Cobourg | Cobourg | K9A 5W4

$349,000

Est. Mtg $1,183 /mo
  • Days on market

  • Status

Listing Broker HOMELIFE/MIRACLE REALTY LTD
Since listed: 1 views

Home details

MLS #:

X9508826

Property type:
Sale Of Business
Style:
Taxes:
$0
Possession:
Immediately

Description


1025 Elgin St W, , Cobourg, Ontario is a Sale Of Business property in Cobourg and in the Cobourg community in the K9A 5W4 postal code


Excellent Turned Key Fat Bastard Burrito Business For Sale in Cobourg. Located at the busy intersection of Burnham St & Elgin St W. Steps Away From Northumberland Mall. Great Opportunity To Own A Successful And Profitable Burrito Store! Good Volume Burrito Store Located In A Very Busy Residential Area. Current Owner Had Newly Built This Location And It Has Been Performing Excellent Since It Started In 2023. Excellent Current Sales. Weekly Sales: Approx. $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly With Long Lease Until May 2033 + 5 years + 5 years option to renew, Royalty: 8%, Advertising: 2%, Labour Cost: 20%. Employees 2 FT & 2 PT. Not To Be Missed! Open 7 Days A Week..

Extras

Weekly Sales: Approx $8,000-$9,000, Low Rent of $3578.5 (including TMI) monthly, Royalty: 8%, Advertising: 2%, Labour Cost: 20% and Store Area: 1,022 sqft..


History

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List Date End Date List Price End Price Status MLS #
2024-10 $349,000 $349,000 X9508826

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Cobourg :

Average sale price
Properties sold
New Listings
Days on Market
Sale $ / List $
Year on Year Growth


Estimated running costs for 1025 Elgin St W

Based on available 3rd party data

$1318

Approximate costs per month

Mortgage
$1183 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$0 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker HOMELIFE/MIRACLE REALTY LTD
Data Source: TRREB

Payment calculator

$1183 monthly. In association with: TD Bank
%
  • Principal and Interest
    1183 /mo
  • Property Taxes
    $0 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Sandro Rocciolo, Realtor

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