2247 Rymal RD East #101 new

Hamilton (stoney Creek),ON L8J2V8

$ 499990

- Bed

3 Baths

4800 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 4,800 sqft

Price per Sqft $104

Subdivision Stoney Creek

MLS Listing ID X12483991

Source Toronto Regional Real Estate Board

Property Description

Well-known franchised restaurant approx. 1 hr west of Mississauga. Luxurious décor, loyal local clientele, approx. 4,800 sq.ft. Fully licensed (LCBO) w/ seating for 95 + 65 on patio. Annual sales approx. $1.2M. All-in rent $12,218/mo (incl. TMI, HST & water). Fully staff-managed (8 FT + 7 PT). Net profit approx. $182K/yr. Priced at $499K, offering strong ROI (~2.7 yrs). Excellent opportunity for investor or hands-off owner. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Forced air

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

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