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.
First Time Ever Offered For Sale! An Exceptional Opportunity To Acquire Two Combined Commercial Units (Unit 1-1,010 Sqft, Unit 2 - 1,218) In The Highly Sought After Market Lane Shopping Centre, Fully Configured For Restaurant Use. This Modernly Renovated Space Features A Stylish And Functional Layout, Including A Bar Area, Open Concept Kitchen, And Ample Seating Configuration, Making It Ideal For A Turnkey Food And Beverage Operation. The Contemporary Design And Upgraded Finishes Create An Inviting Atmosphere For Both Dine In And Takeout Concepts. The Units Includes 3 Washrooms For (1) Staff And (2) For Customer Convenience, 1 Office, A Walk-On Freezer, Along With Exclusive Use Of An Outdoor Patio Approx. 360 Sqft, Offering Additional Seating And A Highly Desirable Outdoor Dining Experience. Located In One Of Woodbridge's Most Established And Vibrant Commercial Hubs, Market Lane Offers Excellent Exposure, Strong Foot Traffic, And A Dynamic Mix Of Retail, Dining, And Service Based Businesses. Ample Surface Parking Is Available, With Easy Access To Surrounding Residential Communities And Major Routes. This Is A Rare Opportunity For Restaurateurs, Investors, Or Entrepreneurs To Secure A Fully Built Out Restaurant Space With Patio In A Prime Location, With The Benefit Of Two Units Combined For Maximum Flexibility And Presence. Don't Miss Your Chance To Establish Your Business In One Of Vaughan's Most Recognizable And High Demand Plaza.
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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$8,256/mo
Mortgage (principal + interest)$7,294
Property taxFrom listing: $11,538/yr$962
Minimum 20% ($389,980 on this price) applies to homes priced over $1.5M in Canada; the slider starts at 20%. 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$389,980
Ontario land transfer taxProvincial brackets, no first-time refund$35,473
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$428,253
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
