$159,000
FOR SALE

Business for Sale

Restaurant

Total Area: 6,550 ft2
2024 Taxes: $15.65

125 Commerce Valley Dr W #50-51
Markham, ON L3T 7W4 | Commerce Valley | York

The versatile space is currently fully equipped with a kitchen, two hoods, a walk-in cooler, a walk-in freezer, and buffet stations, and includes all necessary health, safety, and zoning approvals, as well as a liquor license for 150 seats. Seize this exceptional opportunity to acquire a fully permitted, ready-to-build restaurant space in a prime location just off Highway 407, conveniently close to Adrak Indian Restaurant, Moxies, Scaddabush, and the vibrant dining scene at Hwy 7/Leslie. The city permits a seating capacity of 150, with the additional potential for an outdoor patio. This property is primed for immediate operation and offers an existing 10-year lease at a discounted rate, current rate is $11,185.00 + HST for 6,550 sq ft, which can be transferred. Turnkey concept for bar and grill is included with price.
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Listed By BLUETICK REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number N9239433
Last Updated Aug 26, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Category Without Property
Occupancy Vacant
Possession Date Immediate
Taxes (2024) $15.65
Tax Type T.M.I.
Directions/Cross Streets HWY 7 And Leslie St
Neighbourhood Commerce Valley
Area York
Price History

Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Retail Area 100 percent
Total Area 6,550 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type Outside/Surface
Days Open 7
Hours Open TBD
LLBO Y
Heat Type Other
Financial Statement N
Area Influences Major Highway, Public Transit
Seats 150
Sprinklers Y
Utilities Y
Water Municipal
UFFI No
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

The information contained on this site is based in whole or in part on information that is provided under copyright by the Toronto Regional Real Estate Board (TRREB) or by members of The Canadian Real Estate Association (CREA), who are responsible for its accuracy. TRREB and CREA reproduce and distribute this information as a service for their members and assume no responsibility for its accuracy. All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations of any kind are made with respect to the accuracy of such information.
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