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.
Prime Corner. Prime Opportunity. Prime Time to Make Your Move! Sitting right at the crossroads of Highway 6 and Highway 25, this restaurant property doesn't just have good visibility - it has the kind of visibility that puts your business on everyone's radar before they've even decided where to eat. Two highways worth of daily traffic, easy access from both directions, and a corner lot that simply commands attention. Recent years have brought meaningful upgrades - New windows installed in 2017, flood the dining room with natural light, giving the space a welcoming energy that guests notice the moment they walk in. The parking lot has been refinished with room for 20 vehicles. The building is fully wheelchair accessible with two main-floor bathrooms, so every guest feels at home. An open-concept dining room fitted with updated tables and chairs sets the stage for a warm, lively atmosphere. Need to host a private party or corporate dinner? A separate dining area with six tables and 24 chairs has you covered. A ductless AC unit keeps things comfortable through the summer rush, and a propane furnace - replaced in 2018 - handles the winters with ease. Out back, a thoughtful addition to the building provides the extra storage and workspace that any kitchen operation needs. The property also comes equipped with refrigerators, freezers, stoves, and a fryer, so you're not starting from zero. Upstairs, a cozy living room, bedroom, and four-piece bathroom open up possibilities beyond the dining room - whether that's a manager's suite, staff accommodations, or simply added value. Zoned C-1 and also including two outbuildings (sold as-is), this is a rare, ready-to-go package in a location most restaurateurs only dream about. Bring your creativity and unlock the potential this property has to offer. Come see it for yourself.
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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$2,582/mo
Mortgage (principal + interest)$2,151
Property taxFrom listing: $5,175/yr$431
Minimum $32,500 down for this price; the slider moves in whole percent, starting at 6%. 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$115,000
Ontario land transfer taxProvincial brackets, no first-time refund$7,975
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$125,775
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Chatsworth 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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