109 Old Kingston RD #19 Active

Ajax (central West),ON L1T3A6

$ 1600000

- Bed

- Bath

5300 SqFt


Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,300 sqft

Price per Sqft $301

Subdivision Central West

MLS Listing ID E12330316

Source Central Lakes Association of REALTORS®

Property Description

Calling all investors and business owners!! Income generating! Positive cash flow! This unique property features a well-established German-style restaurant on the main floor, boasting over 20 years of successful operation. It includes a walk-in cooler, a secondary prep kitchen, an office, and ample storage space in the basement. The second floor offers two self-contained apartment units, each with its own private entrance. One unit includes 2+1 bedrooms, an oversized living room, a full-sized kitchen, and a private bathroom. The other unit features 1+1 bedrooms, an open-concept kitchen and living area, and a charming sun-filled octagonal den, perfect for a home office with best view in the town. All units are currently leased, generating over $10K/month rental income. With a solid rental history and reliable cash flow, this mixed-use property presents a secure and high-potential investment in a vibrant, growing community. (id:24570)

Location

Province ON

Rooms

Kitchen 0.0

Interior

Heating Other

Cooling Fully air conditioned

Exterior

Parking Features No

View Y/N No

Private Pool No

View More
Favorite Go Tour