1.613.401.4267 | ryanpattinson@royallepage.ca

19 - 109 Old Kingston Road Ajax, Ontario L1T 3A6

5,300 ft2
Fully Air Conditioned Other

$1,600,000

Calling all investors and business owners!! Income generating! Positive cash flow! This unique property features a well-established German-style restaurant on the main floor, boasting over 20 years of successful operation. It includes a walk-in cooler, a secondary prep kitchen, an office, and ample storage space in the basement. The second floor offers two self-contained apartment units, each with its own private entrance. One unit includes 2+1 bedrooms, an oversized living room, a full-sized kitchen, and a private bathroom. The other unit features 1+1 bedrooms, an open-concept kitchen and living area, and a charming sun-filled octagonal den, perfect for a home office with best view in the town. All units are currently leased, generating over $10K/month rental income. With a solid rental history and reliable cash flow, this mixed-use property presents a secure and high-potential investment in a vibrant, growing community. (id:53156)

Property Details

MLS® Number E12330316
Property Type Retail
Community Name Central West
Amenities Near By Highway, Public Transit

Building

Cooling Type Fully Air Conditioned
Heating Fuel Natural Gas
Heating Type Other
Size Interior 5,300 Ft2
Type Retail
Utility Water Municipal Water

Land

Acreage No
Land Amenities Highway, Public Transit
Zoning Description Commercial

https://www.realtor.ca/real-estate/28702430/19-109-old-kingston-road-ajax-central-west-central-west

Gina Ting Zheng
Salesperson

(905) 579-7339
www.fighterjetrealty.com/
www.facebook.com/GinaFighterJetRealty

Century 21 Infinity Realty Inc.
211-650 King Street E
Oshawa, Ontario L1H 1G5

(905) 579-7339
(905) 721-9127
infinityrealty.c21.ca

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Ryan Pattinson

Sales Representative Royal LePage Edmonds & Associates

P: 613.401.4267
E: ryanpattinson@royallepage.ca