Photo of 51 Northvale RoadJust Listed
$875,000
51 Northvale Road
EXCELLENT LOCATION!!! RESTAURANT BUSINESS FOR SME, LOCATED AT METRO SQUARE PLAZA. NEAR CORNER OF WARDEN/STEELES. SURROUND BY MANY WELL KNOWN RESTAURANT. DOLLARS STORE. OFFICE BUILDINGS. 3 UNITS (151, 152, 153). COMBINES APROX. 3280 SQ FT. FULLY LLBO LICENCE FOR 75 PEOPLE. SPACES CAN FIT. OVER 115 SEATS. VERY BUSY RESTAURANT. PRESENTLY EMPLOYED 13 WORKERS (8 PEOPLE IN THE KITCHEN, 5 WAITER/WAITRESS). LEASE UNTIL FEB 28 2029 AT $31/SQFT plus. Aprox $25/TMI. 5 YEARS OPTION EXTRA. TENANT IS PAYING $22.000 / MONTH WITH HST. (APPROX. BREAK DOWN BASIC RENT $8520, TMI $7,000 WATER $3,500 PLUS HEAT, HYDRO ON SEPERATE METERS) A VIEWING ONLY BETWEEN 9AM- 11AM, PLEASE DO NOT DISTURB THE WORKER EMPLOYEE. BUSINESS HOURS 11AM TO 1AM DAILY. POSSIBLE TO ARRANGE A 5 YRS NEW LEASE.
| MLS® Number | N12900610 |
| Status | Active |
| Listing Type | For Sale |
| Property Type | Commercial |
| Interior Size | 3,280 sq ft |
| Beds / Baths | 0 bed · 0 bath |
| City | Markham |
| Postal Code | L3R 1K9 |
| Province | ON |
| Listed Date | March 19, 2026 |
| Days on Market | 85 |
| Price per Sq Ft | $122 |
| Brokerage | KW Living Realty |
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