1223 N Michael Street
1223 N Michael Street
$88,000
$49.44/sq ft · 2 days on market
About This Listing
An excellent turnkey business opportunity----A well-run restaurant is for sale:It boasts a prime location on the ground floor of a large office building, serving five surrounding office buildings. Offering both takeout and dine-in services,the restaurant(1780 sq feet) can accommodate 30 people at the same time, it enjoys a stable customer base and consistent income. The current owner has run the restaurant for 10 years and is reluctantly selling due to retirement. The restaurant primarily serves breakfast and lunch, operating five days a week, closed on weekends and holidays, from 8 am to 4 pm daily.the monthly rent($1612.5+tax) is low and includes all utilities(water,electricity and heating,cooling).all items in this business are sold as is.
| Monthly Mortgage (P&I) | $383 |
| Property Tax (est.) | $48 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $431 |
Down payment: $17,600 (20.0%) · Mortgage: $70,400
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Listing provided by RIGHT AT HOME REALTY
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Data last updated: August 23, 2026 at 12:25 p.m.