19 - 109 Old Kingston Rd, Ajax, L1T 3A6

Listing Overview

Description

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.

43 days

On Market

Commercial/Retail

Property Type

$10,825 / Year

Est. Taxes

Commercial Condo

Style

Hospitality/Food Related

Business Type

N

Franchise

Location & Areas