Sale Of Business for sale at 5&6-1 Mintleaf Gate, Markham, Ontario, L3P 5X4 - Markham Village - MLS: N13594482

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5&6-1 Mintleaf Gate

Markham, Ontario, L3P 5X4 - Markham Village

$175,000

Neighbourhood

Markham Village
Major Intersection

16th Avenue and 9th Line

Listed Since: 3 day(s)
Last update: 2 day(s) ago

Overview

Property Type

Sale Of Business, Without Property
Bedrooms

n/a
Bathrooms

n/a
Basement

N
Kitchen

n/a
Total Parking

n/a
Lot Size

Available Upon Request
Taxes

n/a
Type

Commercial

Property Description

Property description for 5&6-1 Mintleaf Gate, Markham

Attention Entrepreneurs & Investors! Highly Lucrative Convenience Store Opportunity Start Earning from Day One, turnkey, high-income convenience store located in a prime, well-established plaza in one of the most sought after location in Markham Village with exceptional foot traffic. Ideal to run as family operated business with $50,000, and Gross Income of around $ 9000 per month, driven by a robust mix of groceries, lottery, cigarettes, and recently added beer and wine sales. A clear, proven trend of increasing revenue month-over-month . Great expansion potential remains, including the capability for two separate entrances to introduce high-margin vape sales. spacious 1,800 sq. ft. retail and office layout includes a 2-piece washroom and secure 5+5 year lease. The incredibly low rent is only$4,750per month, inclusive of TMI!Under the current ownership, the store has undergone a modern revitalization with brand-new flooring, an upgraded POS system, and bright, energy-efficient lighting. It is meticulously maintained, fully stocked, and enjoys a rapidly growing, loyal customer base with substantial repeat clientele. Fully equipped with a multi-door walk-in cooler, premium beverage fridges, cigarette cabinets and high-visibility lottery racks at the checkout. On-site ATM and Bitcoin terminals. Spacious, organized backroom storage area that serves as an office. A truly rare find with low overhead and massive growth potential.

Listed by RE/MAX REAL ESTATE CENTRE INC.

Property details

MLS #

N13594482
Sq. Ft

1800
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

None
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

None
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Closd
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

Sanitary
Central Vac

n/a

MLS #

N13594482
Sq. Ft

1800
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

None
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

None
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Closd
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

Sanitary
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

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Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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