2284 TENTH LINE Rd

Orleans - Cumberland and Ar | 1117 - Avalon West | K4A 0X4

Ask: $198,000 $189,000

Est. Mtg $640 /mo
  • Days on market

  • Status

Listing Broker KELLER WILLIAMS INTEGRITY REALTY
Since listed: 1 views

Home details

MLS #:

X9517498

Property type:
Sale Of Business
Style:
Taxes:
Possession:
last day of th

Description


2284 TENTH LINE Rd, F1, Orleans - Cumberland and Area, Ontario is a Sale Of Business property in Orleans - Cumberland and Ar and in the 1117 - Avalon West community in the K4A 0X4 postal code


Your opportunity to acquire the rights to a high-end turn-key restaurant space. Asset sale in a leased triple-A plaza. The premises are an end cap unit with a covered outdoor patio on the side of the building. The space is 2076.3 square feet. The restaurant features a full open-concept commercial kitchen with a hood fan ventilation system, grease trap, dishwashing station, cooking equipment, and preparation stations plus a back office and two bathrooms. All kitchen equipment and furniture are included in this sale. Rent is very reasonable with a fixed net rate below the current market value at $28 psf. A scheduled increase to $30 psf net will start in November 2024 and remain fixed for the balance of the term which ends on October 31, 2031. The total monthly rent including all building operating costs and HST is currently $8,716.20. A stand-up refrigerator and a freezer are included in the sale. No walk-in refrigeration or freezer was installed in the building..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-10 $198,000 $189,000 X9517498

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

Orleans - Cumberland and Ar :

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


Estimated running costs for 2284 TENTH LINE Rd

Based on available 3rd party data

$775

Approximate costs per month

Mortgage
$640 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 KELLER WILLIAMS INTEGRITY REALTY
Data Source: TRREB

Payment calculator

$640 monthly. In association with: TD Bank
%
  • Principal and Interest
    640 /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

Mimmo Galatti, Realtor

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