• Mobile: 416-473-8225
  • Office: 416-473-8225

$189,000
Available - For Sale
Listing ID: W12256198
577 Burnhamthorpe Road , Toronto, M9C 2Y3, Toronto


Welcome to Mik Cafe - Etobicoke's Hidden Gem. Nestled in the heart of Etobicoke, Mik Cafe has quickly become a beloved staple in the community. Known for its warm, inviting atmosphere and stylish, modern design, this charming café offers the perfect blend of comfort and sophistication. With a loyal customer base and steady foot traffic, Mik Cafe is not just a local favourite but a highly profitable business with consistent year-round earnings. The cafés great menu selection continues to draw in new and exciting customers. This successful, turn-key business is full of potential, with opportunities to expand services, extend hours, or introduce catering and events. Whether you're looking for a proven investment or a chance to own a trendy café in one of Etobicoke's most dynamic neighbourhoods, Mik Cafe is a rare and exciting opportunity.
Price $189,000
Taxes: $0.00
Tax Type: TMI
Assessment Year: 2024
Occupancy: Owner
Address: 577 Burnhamthorpe Road , Toronto, M9C 2Y3, Toronto
Postal Code: M9C 2Y3
Province/State: Toronto
Legal Description: PT LT 22, CON 2 NORTHERN DIVISION FRONTI
Directions/Cross Streets: Burhamthorpe & The West Mall
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Without Property
Use: Cafe
Building Percentage: F
Total Area: 0.00
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: W/T/F/S
Employees #: 2
Seats: 36
Expenses Actual/Estimated: $Est
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Schools

7 public & 8 Catholic schools serve this home. Of these, 9 have catchments. There are 2 private schools nearby.

Parks & Rec

3 ball diamonds, 3 playgrounds and 8 other facilities are within a 20 min walk of this home.

Transit

Street transit stop less than a 1 min walk away. Rail transit stop less than 3 km away.

$
$ /Year
%
$ /Year
$ /Year
$ /Year
Years
%
%
Percent Down:
Down Payment $9,450 $18,900 $28,350 $37,800
First Mortgage $179,550 $170,100 $160,650 $151,200
CMHC/GE $7,182 $5,273.1 $4,498.2 $0
Total Financing $186,732 $175,373.1 $165,148.2 $151,200
Monthly P&I $921.49 $865.43 $814.98 $746.14
Expenses $0 $0 $0 $0
Total Payment $921.49 $865.43 $814.98 $746.14
Income Required $34,555.82 $32,453.8 $30,561.62 $27,980.42

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

$
%
Years
$466.34
This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX PROFESSIONALS INC.
Personal Picture
Ali Shahpazir
Sales Representative
Dir:
416-473-8225
Bus:
416-473-8225
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W08
Neighbourhood: Etobicoke West Mall
Style:
Lot Size: x 225.79(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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