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$ 1,600,000
Est. payment /mo
Active
109 Old Kingston RD #19 Ajax (central West), ON L1T3A6
5,300 SqFt
UPDATED:
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
Listed by CENTURY 21 INFINITY REALTY INC.
