633 Silver Star Blvd

Toronto, Milliken

MLS®: E5353798

1100.00 sqft

$93,000

9 months ago

Viewed 15 times

For Sale

Description

Well Known Established Chinese Canton Style Restaurant Located In A Very Busy Food Court Near Midland/Steeles Across From Pacific Mall And Market Village, Tenant Is A Well Known Chinese Restaurant "New Canton Kitchen" Net Profit E.Z Over $100K Afterday Out All The Worker And All Expenses And Salary Long. Lease Until June 30, 2027 Plus 5Yrs Option

Extra

Pls Visit Food Court & View Traffic On This Business.Gross Sale Over 700K/Yr, Expenses,Rent, $2K/Mo Condo Fee $1.9K/Mo Salary:Kitchen Staff 3X$5K=$15K/Mo, Cashier:$5K/Mo. Sales$60K/Mo,Profit 65%=$39K/Mo. Expenses: 27.5K/Mo.Net Profit 10K/Mo

Key Facts

  • Taxes: $7200
  • MLS#: E5353798
  • Price: $93,000
  • Status: Sale
  • Type: Sale Of Business
  • Style: n/a
  • Size: 1100.00
  • Updated: 2021-08-30 09:48:16.0
  • Year Built: n/a

Property

  • Type: Sale Of Business

Commercial General

  • Depth: 0.00
  • Lot Front: 0.00
  • List Price Code: For Sale
  • Lot/Bldg/Unit Code: Lot
  • Lot Size Code: Feet
  • Air Conditioning: Y
  • Apt/Unit: F5
  • Elevator: None
  • Garage: Plaza
  • Heating: Gas Forced Air Open
  • Possession Date: 30-60 Days
  • Seller Property Info Statement: N
  • Zoning: Commercial
  • Type: B.
  • Taxes: $7200
  • Tax Year: 2021
  • Use: Restaurant
  • Clear Height Inches: 11
  • Clear Height Inches: 0
  • Chattels: Y
  • Business/Building Name: New Canton Kitchen
  • Employees: 4
  • Financial Statement: N
  • Franchise: Y
  • Freestanding: N
  • Hours Open: 11-9Pm
  • Industrial Area: 0
  • Industrial Area Code: Sq Ft
  • Legal Description: Tscp 1538 Level 1
  • LLBO: N
  • Minimum Rental Term: 60
  • Office/Apt Area: 0
  • Office/Apt Area Code: Sq Ft
  • Category: Without Property
  • Rail: N
  • Retail Area: 1100
  • Retail Area Code: Sq Ft
  • Seats: 80
  • Sprinklers: Y
  • Maximum Rental Term: 120
  • Total Area: 1100.00
  • Total Area Code: Sq Ft
  • Type Taxes: Annual
  • Utilities: Y
  • Orig lp cd: For Sale
  • Commercial Condo Fees: 1900.00

Price History

Updated Price Event
$93,000 Listed For Sale
$XXX,XXX Sold
$XXX,XXX Listed

Map

Updated: 30 Aug, 2021. Days On Market: 4 Days

Listing By: LIVING REALTY INC., BROKERAGE Information Updated: 2021-08-30 09:48:16.0

The listing data is provided under copyright by the Toronto Real Estate Board. The listing data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board nor RickMalhi.com.

More About This Property

Rick Malhi

Sales Representative
CENTURY 21 LEADING EDGE REALTY INC., BROKERAGE

Our Address

208-5 Brisdale Dr,
Brampton, ON, L7A 0S9
+1-905-783-5700