Innovative Realty Inc.

Brokerage

Kannan Panchalingam

Direct : (647) 928-8889

kannanhomes@yahoo.com

2247 Rymal Road E 101, Hamilton, ON L8J 2V8 (Rymal Rd E & Upper Centennial Pkwy)
$ 499990 - MLS : X12483991

From Our Gallery

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.

Location Description

Rymal Rd E & Upper Centennial Pkwy

Property Detail

Community: Stoney Creek
Property Type: Tenant/Commercial
Bath: 3
Garages: Plaza
Annual Property Taxes : $ 0

Lot dimensions: sqft
Baths:

Facts and Features

Parking Type : Plaza

Amenities

Heating : Gas Forced Air Closed

Listing Contracted With: REAL ONE REALTY INC.

Kannan Panchalingam

Sales Representative

( 5 Reviews )

While I like to think that real estate is in my blood, shameless self-promotion is not. Unfortunately, that's part of the business so here's the painful bit about who I am and what makes me tick. The Toronto region has been my home all my life, and I love this area.

kannanhomes@yahoo.com

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