356 PRESTON St

Dows Lake - Civic Hospital | 4502 - West Centre Town | K1S 4M6

$999,000

Est. Mtg $3,387 /mo
  • Days on market

  • Status

Listing Broker ROYAL LEPAGE TEAM REALTY
Since listed: 0 views

Home details

MLS #:

X9522964

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

Description


356 PRESTON St, , Dows Lake - Civic Hospital and Area, Ontario is a Sale Of Business property in Dows Lake - Civic Hospital and in the 4502 - West Centre Town community in the K1S 4M6 postal code


Set in the charming and growing neighborhood of Little Italy, La Favorita invites you to own this renowned rustic restaurant. Fully equipped with top-of-the-line appliances, a wood oven fireplace, and seating for up to 140 guests, this fully operational business has been a community staple for over 30 years. Boasting patio and liquor licenses, La Favorita is strategically located between residential and commercial areas, making it a thriving establishment in a prime location serving a high-end Italian menu. The restaurant features multiple seating areas, including an upstairs level for 30, a main dining room for 60, a front room for 40, and an outdoor patio for warmer months, plus catering and takeout. With nearly 1200 Google reviews, this fine dining restaurant speaks for itself. Contact us to learn more to make it yours. The restaurant owner is retiring. Lease terms are easily negotiable. Please note that showings are preferred before the business opens..

Extras

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History

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List Date End Date List Price End Price Status MLS #
2024-11 $3,100,000 $3,100,000 X9516558
2024-11 $999,000 $999,000 X9522964

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

Dows Lake - Civic Hospital :

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


Estimated running costs for 356 PRESTON St

Based on available 3rd party data

$3522

Approximate costs per month

Mortgage
$3387 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 ROYAL LEPAGE TEAM REALTY
Data Source: TRREB

Payment calculator

$3387 monthly. In association with: TD Bank
%
  • Principal and Interest
    3387 /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

Rena Alessa, Realtor

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