For Sale

1 Industrial Parkway Unit# 2, Aurora (Aurora Grove), Ontario L4G3V9

$450,000

1 Industrial Parkway Unit# 2, Aurora (Aurora Grove), Ontario L4G3V9 is For Sale and has a listing price of 450,000. The property is located in the Aurora neighbourhood. It's been on the website for 42 Days.

  • Business
    Property Type
  • 2
    Bathrooms
  • MLS ID: N11921250
  • Office Name REAL ONE REALTY INC.
Property Description

This profitable Portuguese fried chicken restaurant in Aurora has been operating successfully for the past 15 years. Spanning 1,080 square feet, it features a seating capacity of 12 and is conveniently located in a high-traffic area with excellent visibility. The restaurant boasts a professional commercial kitchen equipped with a 12-foot hood fan, a walk-in cooler, two washrooms, and an array of other equipment. There is ample parking available with approximately 40 spots. The lease is very favorable, with a monthly rent of $3,450 (including TMI and HST) and a remaining term of 2+5 years. The restaurant generates an average annual revenue of approximately $600,000, resulting in a substantial net profit after all expenses. Operating seven days a week from 11 AM to 7:30 PM, this business has cultivated a loyal customer base. The owner is selling due to their plans to return to their home country. This presents a unique opportunity for a new owner to either expand the business into a franchise or convert it into a different type of restaurant. **EXTRAS** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence. (id:43137)

Property Details
  • MLS ID: N11921250
  • Bathrooms: 2
  • Price: $450,000
  • Transaction Types: For Sale
  • Ref ID: 27796901
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
01/13/2025 N11921250 $450,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Aurora
  • $1,646,454 Average List Price
    based on 1 year
  • 95 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 116.59 % Up
  • Sold (12mo) 570
  • Rented (12mo) 381

  • 1 Month Change +1.4%
  • 3 Month Change +39.4%
  • 6 Month Change +25.4%
Walkscore
Property Type Distribution
  • All Houses
    83.32%
  • Commercial
    6.64%
  • Condo
    9.76%
  • Land for Sale
    0.28%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 13/01/2025 00:00:00
  • Zoning R-sd
  • Agent Name: JENNY MIAO
  • Last Updated: 08/02/2025 01:25:53
Open House Dates
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