1/1110520 YONGE STREET, Richmond Hill (Mill Pond)
10520 YONGE STREET, Richmond Hill (Mill Pond), ON L4C3C7
$355,000 total
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Asset Class
Retail
Size
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Building class
C
Zoning
CB1 — Low Intensity Business
$ / SF
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Occupancy
87%
About this property
Rare turnkey opportunity to acquire a prime, fully equipped 1,041 sq. ft. Shawarma and quick-service Mediterranean Restaurant in the heart of Richmond Hill in the immediate area. Features a comfortable dining space seating 15, plus a fully loaded commercial kitchen complete with a commercial exhaust hood system, 3 refrigerators, and 3 shawarma rotisseries built for high-volume service for fast through and low labor overhead. Situated in a high-visibility, high-density plaza with secure long-term lease terms featuring 5-year renewal options. Strongly backed by an established online ordering system, active Instagram community, and steady walk-in traffic. A seamless, plug-and-play operation for an owner-operator or expanding brand looking for immediate cash flow. (id:66811)
Financial sandbox
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$2K
Projected NOI
$19K
Annual cash flow
$-977
Cash-on-cash
-0.92%
DSCR
0.95
Going-in cap
5.27%
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
58,962
Households
27,229
Median income
$122,500
Median age
33.9
Daytime population
99,348
5-yr growth
6.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Secure deal room
Confidential diligence documents for 10520 YONGE STREET, Richmond Hill (Mill Pond).
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.