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.
Outstanding turnkey restaurant conversion opportunity at 511 Maple Grove Drive in Oakville. Ideally located in a busy First Capital plaza anchored by Sobeys, this 1,443 sq. ft. unit offers an established burger brand or experienced operator the opportunity to enter one of South Oakville's most affluent and desirable neighbourhoods. The space features an efficient quick-service layout, a substantial 12-foot commercial exhaust hood, walk-in refrigerator and walk-in freezer-providing excellent infrastructure for a high-volume restaurant, takeout or delivery concept. Benefit from strong neighbourhood demographics, excellent visibility, consistent plaza traffic and ample customer parking. A wide variety of restaurant concepts and cuisines may be considered, provided they do not compete with existing plaza tenants. An exceptional opportunity to bring your brand to a proven commercial destination without the time and expense of building a restaurant from the ground up. Gross Rent is $6000 + HST. Approximately 1.5 years remaining with a 5 year renewal option. Conversion only; Burger Factory branding is not included. All uses and assignments are subject to landlord approval. Please do not go direct or speak with staff.
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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$729/mo
Mortgage (principal + interest)$729
Minimum $9,750 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$39,000
Ontario land transfer taxProvincial brackets, no first-time refund$1,675
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$43,475
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Oakville 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.
