Vishal Sharma
Broker
$1,600,000
Available - For Sale
Listing ID: E12330316
109 Old Kingston Road , Ajax, L1T 3A6, Durham
| 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. |
| Price | $1,600,000 |
| Taxes: | $10824.50 |
| Tax Type: | Annual |
| Occupancy: | Tenant |
| Address: | 109 Old Kingston Road , Ajax, L1T 3A6, Durham |
| Postal Code: | L1T 3A6 |
| Province/State: | Durham |
| Legal Description: | DURHAM CONDO PLAN 82 LEVEL 1 UNIT 19 |
| Directions/Cross Streets: | Kingston/Church |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 | |
| Washroom Type 6 | 0 | |
| Washroom Type 7 | 0 | |
| Washroom Type 8 | 0 | |
| Washroom Type 9 | 0 | |
| Washroom Type 10 | 0 |
| Category: | Commercial Condo |
| Use: | Hospitality/Food Related |
| Building Percentage: | F |
| Total Area: | 5300.00 |
| Total Area Code: | Square Feet |
| Office/Appartment Area: | 40 |
| Office/Appartment Area Code: | % |
| Retail Area Code: | % |
| Area Influences: | Major Highway Public Transit |
| Franchise: | F |
| Sprinklers: | Part |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| CENTURY 21 INFINITY REALTY INC. |
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Vishal Sharma
Broker
Dir:
416-627-6612
Bus:
905-673-8500
| Book Showing | Email a Friend |
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Durham |
| Municipality: | Ajax |
| Neighbourhood: | Central West |
| Tax: | $10,824.5 |
| Fireplace: | N |
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