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$649,000
Available - For Sale
Listing ID: W11900722
22 Ontario St , Milton, L9T 2M6, Ontario
A rarely offered fully fixtured Milton restaurant conversion is available for new ownership in the heart of Milton located at the bustling intersection at Ontario St & Main St. Steps from Milton's charming downtown in a plaza with ample parking for your dining guests. This 3200 square foot restaurant comes with everything you need to get your brand up and running. Wood burning pizza ovens, rational oven, exhaust hood, pylon signage, walk-in coolers, a grand entrance, large liquor license capacity of 140 and so much more. Please do not go direct or speak to staff. Your discretion is appreciated. **EXTRAS** * Net Rent = $9,742.42 * TMI = $2,965.08 * Gross Rent = $14,359.48 Including TMI & HST * Lease Expires April 2032 + 2 X 5 Year Renewal Options * 3200 Sq Ft * LLBO = 140 * Includes Two Sub-Tenants Which Must Be Assumed *
Price $649,000
Taxes: $2,965.08
Tax Type: T.M.I.
Occupancy by: Tenant
Address: 22 Ontario St , Milton, L9T 2M6, Ontario
Postal Code: L9T 2M6
Province/State: Ontario
Directions/Cross Streets: Ontario St & Main St
Zoning: COMMERCIAL
Category: Without Property
Use: Restaurant
Total Area: 3,200
Total Area Code:  Sq Ft
Retail Area: 80
Retail Area Code: Sq Ft
Financial Statement: N
Chattels: Y
Franchise: N
Days Open: 7
Hours Open: 11am-2a
Employees #: 0
Seats: 140
LLBO: Y
Heat Type: Gas Forced Air Closd
Central Air Conditioning: Y
Water: Municipal
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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
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First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
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Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

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