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$1,600,000
Available - For Sale
Listing ID: E12330316
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: $10,824.5
Tax Type: Annual
Occupancy by: 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
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Commercial Condo
Use: Hospitality/Food Related
Building Percentage: F
Total Area: 5,300
Total Area Code:  Square Feet
Office/Appartment Area: 40
Office/Appartment Area Code: %
Retail Area Code: %
Area Influences: Major Highway   Public Transit
Franchise: F
Maintenance: 0
Sprinklers: Part
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Asking Price: $ Heating: $ /Year  
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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.

109 Old Kingston Road , Ajax, L1T 3A6, Durham


 
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Type: Com - Commercial Retail
Area: Durham
Municipality: Ajax
Neighbourhood: Central West
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Tax: $10,824.5
Maintenance Fee: $0
Beds: 0
Baths: 0
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Fireplace: N
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