9600 Islington Avenue, Vaughan, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of West Woodbridge. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $299,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 2 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Excellent Turnkey Franchised Business Opportunity - BarBurrito located in a high-traffic plaza at the busy intersection of Islington Ave. & Rutherford Rd., in Vaughan (Woodbridge). Surrounded by a mature residential neighbourhood with anchor tenants such as Food Basics, McDonald's, Tim Hortons, and Pizza Pizza. Proximity to schools, Highway 400, and numerous residential developments provides steady walk-in traffic and potential for growth. This well-established fast-casual restaurant boasts high monthly sales of approximately $30,000 and a low monthly base rent of $ 3,500 + TMI. Utility costs are approximately. $1,000-$1,200/month. Franchise fees include a 6.0% royalty and a 1.25% advertising fee. Long-term lease in place with a renewal option available (Current 4 years + 5-years). Store size approx. 1,500 sq.ft. with a seating capacity of 24- 28 people. Well-maintained, fully equipped kitchen and dining area with a strong customer base and opportunity to increase revenue through catering, delivery platforms, and community engagement. Perfect for owner-operators or investors seeking a stable, branded food business in a premium location.
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Pricing & Value Insights
Data-driven valuation for 9600 Islington Avenue B11, Vaughan, ON L4H 2T1
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About Purchasing a Home in Vaughan, ON
For a property listed at $299,000 in Vaughan, the legal minimum down payment is $14,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,960 for this transaction. As this listing is in Vaughan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,960.
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