1086 Commissioners Rd E

London | South J | N5Z 4W8

Ask: $324,000 $289,000

Est. Mtg $979 /mo
  • Days on market

  • Status

Listing Broker KING REALTY INC.
Since listed: 1 views

Home details

MLS #:

X11928849

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

Description


1086 Commissioners Rd E, 5, London, Ontario is a Sale Of Business property in London and in the South J community in the N5Z 4W8 postal code


This is a great opportunity for anyone interested in owning a well-established with strong reputation Indian-Pakistani restaurant in a high-traffic location. This Non-franchise restaurant offering both dine-in and take-out services. The current owner is retiring and is motivated to sell, and theres an option for the new owner to receive training on the operation. Equipment & Facilities Includes a 6-burner stove, BBQ Grill, Naam Making Oven, tandoor, 2 stoves, walk-in cooler, double-door freezer, dough-making machine, two frezzer, water heater, and security system with cameras. 20+ seats, perfect for accommodating dine-in customers. Currently operating with short hours but increasing hours could generate additional revenue. Catering and tiffin services are an option, with potential clients including students, taxi drivers and truck drivers (nearby truck stop). The equipment, furniture, and leasehold improvements are all included in the sale. Rent is $3500 per month, which includes TMI (taxes, maintenance, insurance). A long-term lease with optional years is available. Ample surface parking for customers..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-02 $15 $15 X7794518
2025-02 $324,000 $289,000 X11928849

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

London :

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


Estimated running costs for 1086 Commissioners Rd E

Based on available 3rd party data

$1114

Approximate costs per month

Mortgage
$979 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 KING REALTY INC.
Data Source: TRREB

Payment calculator

$979 monthly. In association with: TD Bank
%
  • Principal and Interest
    979 /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

Ali Norouzi, Realtor

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