Business For Sale · Retail

3 - 7595 MARKHAM ROAD, Markham (Cedarwood)

3 - 7595 MARKHAM ROAD, Markham (Cedarwood), ON L3S0B6

$169,000 total

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Asset Class

Retail

Size

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Building class

A

Zoning

CSC — Shopping Centre

$ / SF

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Occupancy

86%

About this property

MOTIVATED SELLER! PRIME RESTAURANT OPPORTUNITY AT MARKHAM RD & 14TH AVE - BRING YOUR OFFER! Why spend thousands of dollars and months building a restaurant from scratch when you can takea dvantage of an already fully equipped, turnkey opportunity? Located in a busy,well-established commercial plaza with ample parking, this approximately 1,296 sq. ft.restaurant offers seating for 35 guests and features a fully equipped commercial kitchen with an exhaust hood, walk-in cooler, and dedicated food preparation areas. The flexible layout offers excellent potential for various cuisines and restaurant concepts, subject to landlord and applicable regulatory approvals. An existing liquor licence adds further appeal, subject to AGCO requirements and applicable approvals. Attractive lease terms of 3 + 5 years, subject to the lease agreement, with monthly rent of $6,296.20 including TMI and HST. Whether you're an experienced restaurateur looking to expand or an ambitious entrepreneur ready to launch your dream business, this is an excellent opportunity to save valuable setup time and potentially reduce startup costs. SELLER IS HIGHLY MOTIVATED AND LOOKING FOR A QUICK SALE! SERIOUS BUYERS,DON'T DELAY - BRING YOUR OFFER TODAY! (id:66811)

Financial sandbox

Adjust the deal assumptions — returns recalculate instantly.

Estimate
Purchase price$169K
Down payment30% · $51K
Interest rate6.25%
Amortization25 years
Occupancy86%
Expense growth2.5%

Monthly debt service

$780

Projected NOI

$8K

Annual cash flow

$-2K

Cash-on-cash

-3.48%

DSCR

0.81

Going-in cap

4.50%

Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.

Area demographics

Trade area within 3 miles of the property.

Population

137,741

Households

52,972

Median income

$117,000

Median age

35.5

Daytime population

176,525

5-yr growth

2.8%

Modelled estimates for illustration until a licensed census data provider is connected.

Secure deal room

Confidential diligence documents for 3 - 7595 MARKHAM ROAD, Markham (Cedarwood).

NDA required
  • Offering Memorandum

    PDF · 4.2 MB

  • Rent Roll & T-12

    XLSX · 820 KB

  • Environmental Phase I

    PDF · 6.7 MB

  • Site Survey & Plans

    PDF · 11.4 MB

  • Zoning Confirmation Letter

    PDF · 310 KB

Preview experience — the electronic NDA is illustrative and is not a binding agreement.