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.
Mucho Burrito - Fresh Mexican Grill franchise available in the busy RioCan Centre in Kingston.This established location generates solid sales in one of the city's busiest retail plazas and offers an outstanding opportunity to acquire a recognized national brand with training provided, pending head office approval. The efficient 1,711 Sq Ft restaurant is easy to operate with minimal staff and includes seating for 40 guests. The fully equipped production kitchen features a 6-ft commercial hood and one walk-in cooler, making it an ideal opportunity for an owner-operator or franchisee looking for a proven business. The attractive lease rate of $8,000 Gross Rent including TMI includes 3.5 + 5 years remaining, providing long-term stability.Located in a high-traffic shopping centre with parking for over 100 vehicles, this is an excellent opportunity to join one of Canada's leading fast-casual restaurant brands. Please do not go direct or speak to staff or ownership.
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Age Groups
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Owners vs Renters
Ownership data is not available.
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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$744/mo
Mortgage (principal + interest)$744
Minimum $9,950 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$39,800
Ontario land transfer taxProvincial brackets, no first-time refund$1,715
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$44,315
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Kingston 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.
