The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
An incredible opportunity to acquire a well-established and highly recognized shawarma takeout restaurant located in a very busy commercial plaza near Centre & Dufferin in Thornhill! Strategically positioned in a high-traffic plaza with strong visibility, loyal clientele, and excellent surrounding demographics, this location has successfully served the community for over a decade. The business has built a massive customer database, strong local brand recognition, and consistent catering revenue with tremendous potential for further growth and expansion. The new owner can continue operating under the existing well-established brand or bring in a new brand and concept, providing flexibility to suit their vision. There is also an option to purchase this location together with the second established location on Bathurst & Lawrence in North York. The location comes fully equipped and furnished with a commercial kitchen setup, including a commercial exhaust hood, 2 shawarma grill stands, grillers, fryers, walk- in freezer & fridge, prep stations, and more. Turnkey operation ideal for owner operators, investors, or experienced restaurateurs looking to expand. Benefit from attractive long-term lease terms and exceptionally low rental rates. Rare chance to take over a thriving, profitable operation with established systems, strong community presence, and a loyal customer base.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$1,309/mo
Mortgage (principal + interest)$1,309
Minimum $17,500 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$70,000
Ontario land transfer taxProvincial brackets, no first-time refund$3,725
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$76,525
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Vaughan has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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