109 Old Kingston Road 19, Ajax, ON L1T 3A6

Ajax L1T 3A6 Ontario

MLS: E12330316

$1,600,000

Added 33 days ago | For Sale

Listed by: CENTURY 21 INFINITY REALTY INC.

About Property

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.

Features

  • House Style:Commercial Retail
  • Bathrooms:
  • Land Size:
  • Water:Municipal
  • Garage Spaces: /Plaza
  • Driveway:
  • Heating Fuel:
  • Cross Street:Kingston/Church
  • Basement: ,
  • Possession Date:Flexible
  • Annual Property taxes: $10824.5
  • Bedrooms:
  • Total Parking Spaces:
  • Parking Places:
  • Heating Type:Gas Forced Air Open
  • Pool Type:
  • Exterior:
  • Direction Facing:
  • Front Footage:
  • Listing ID:E12330316

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