12963 Yonge St

Richmond Hill | Oak Ridges Lake Wilcox | L4E 3G9

$400,000

Est. Mtg $1,356 /mo
  • Days on market

  • Status

Listing Broker HOMELIFE LANDMARK REALTY INC.
Since listed: 0 views

Home details

MLS #:

N9357984

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

Description


12963 Yonge St, , Richmond Hill, Ontario is a Sale Of Business property in Richmond Hill and in the Oak Ridges Lake Wilcox community in the L4E 3G9 postal code


5 Reasons Why This Business is Perfect for You! Looking to own a turnkey, flourishing, and profitable restaurant business? This is the opportunity you've been waiting for! Located in Richmond Hill's affluent Oak Ridges Lake Wilcox community, this restaurant sits on the highly visible and bustling Yonge Street. Here's why this is a golden opportunity: 1) PRIME LOCATION: Situated on Yonge Street, one of the busiest streets in the area, your restaurant will benefit from excellent visibility and foot traffic. The Oak Ridges Lake Wilcox community is affluent and growing, providing a solid customer base. 2) RECENTLY RENOVATED: The restaurant has been recently renovated with modern upgrades, meaning you can move in and start operating immediately; there is no need for additional investment in renovations or upgrades. 3) EXPANDING CUSTOMER BASE: Thanks to its excellent location and positive reviews, the restaurant has a steadily increasing customer base. With many new homes being built in the area, there's even more potential to grow. 4) THRIVING COMMUNITY: The areas population is growing fast, with more housing developments on the rise. This means endless opportunities for expansion and growth as more residents move in.5) TURNKEY OPPORTUNITY: As a well-established and profitable business, youre walking into a well-oiled machine. All the groundwork has been done. Now it's your turn to take it to the next level. Don't miss out on this excellent opportunity to own a profitable business in a growing community! With unlimited potential, the sky is the limit. Contact us today to learn more and take the first step toward owning this thriving restaurant!.

Extras

1,500 sf + 750 sf patio. Ample parking space available!.


History

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List Date End Date List Price End Price Status MLS #
2019-08 $189,000 $189,000 N4462835
2019-08 $1,690,000 $169,000 N4534486
2023-06 $198,000 $198,000 N6028185
2024-09 $400,000 $400,000 N9357984

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

Richmond Hill :

Average sale price

$1,550,498

Properties sold

197

New Listings

563

Days on Market

15

Sale $ / List $

105%

Year on Year Growth

-3.68%



Estimated running costs for 12963 Yonge St

Based on available 3rd party data

$1491

Approximate costs per month

Mortgage
$1356 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 LANDMARK REALTY INC.
Data Source: TRREB

Payment calculator

$1356 monthly. In association with: TD Bank
%
  • Principal and Interest
    1356 /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

Marcus Le , Realtor

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