228 Main St E

Milton | Old Milton | L9T 1N8

$375,000

Est. Mtg $1,271 /mo
  • Days on market

  • Status

Listing Broker CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Since listed: 1 views

Home details

MLS #:

W9418437

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

Description


228 Main St E, , Milton, Ontario is a Sale Of Business property in Milton and in the Old Milton community in the L9T 1N8 postal code


Fully Equipped And Well-Maintained Restaurant Located In The Prime Area Of Milton, One Of The Most Iconic Neighborhoods In Milton. This Location Boasts Incredibly High Foot Traffic. Nearby Schools and lots of Offices and Municipality. The restaurant boasts a modern, elegant interior creating a warm and inviting atmosphere for dine-in customers. With a steady stream of regular customers, strong takeout and delivery demand, and excellent visibility from the street, this restaurant is ideally positioned for continued success. Monthly Sales: Approx. $52,000. Food Cost: Approx. 32-35%, Labour Cost: Approx. 22-25%, Rent: $7415/m including TMI & HST, Lease: 5 + 5 years plus option to renew, Utility: Approx. $800-1000/m, Royalty and Advertising: 7.5%..

Extras

All Business Information is as provided by Seller. Listing Agent has not Verified Accuracy. Buyers are welcome to perform Due Diligence..


History

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List Date End Date List Price End Price Status MLS #
2023-05 2023-09 $989,000 $989,000 Ter X6074220
2023-09 2023-12 $989,000 $989,000 Exp X6796920
2023-10 $499,000 $499,000 W6636710
2024-10 $375,000 $375,000 W9418437

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

Milton :

Average sale price

$1,115,784

Properties sold

171

New Listings

356

Days on Market

11

Sale $ / List $

104%

Year on Year Growth

-1.64%



Estimated running costs for 228 Main St E

Based on available 3rd party data

$1406

Approximate costs per month

Mortgage
$1271 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 CENTURY 21 PEOPLE`S CHOICE REALTY INC.
Data Source: TRREB

Payment calculator

$1271 monthly. In association with: TD Bank
%
  • Principal and Interest
    1271 /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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