$99,000
J - 500 CAN-AMERA PARKWAY
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About this home
Excellent opportunity to acquire a turnkey takeout restaurant, successfully operating since 2020. Strategically located in a prime area near a Gurudwara and Muslim community center, with convenient access to Highway 401. The business benefits from strong visibility, ample on-site parking, and a loyal, established customer base.Currently fully operational, the restaurant generates steady income through dine-in/takeout service, along with tiffin services and catering operations. Affordable rent of $2,600 per month, including TMI and HST, makes this an attractive and sustainable investment opportunity. (id:65958)
- Subtype
- Business
- MLS#
- X12986624
- Area
- CAMBRIDGE
Cash on cash
93.64%
Cap rate
24.62%
GRM
3.4
Break-even rent
$774
Financing
Operating expenses (monthly)
Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.
Mortgage estimate
Listing brokerage
Listing brokerage on file
Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 13, 2026.