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3 - 788 YONGE STREET, Midland, Ontario, L4R 2E6

MLS® # S9366239
Commercial For Sale In Midland, Ontario
$1
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
3 - 788 Yonge Street, Midland, ON
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ACTIVE
3 - 788 YONGE STREET, Midland, Ontario, L4R 2E6
$1

Property Information:

Make your own Venture. Discover a prime restaurant opportunity in the bustling heart of Midland! This2,870 sq. ft. fully renovated space is an ideal setting for your culinary vision. No detail has been overlooked, with over $350,000 invested in creating a modern, inviting atmosphere thats completely turn-key. With dining space for 40-50 guests, your patrons will enjoy a comfortable and stylish environment. The restaurant is equipped with everything you need to get started, including a 10-feethood, four fryers, a walk-in cooler, freezer, salad bar, and brand-new prep stations perfectly suited for any cuisine. The property features four separate men's and womens washrooms, ensuring convenience for your guests, and comes with an LLBO license, allowing you to offer a full range of beverages. Located in a high-traffic area, this restaurant also offers excellent parking with 25-30 spaces available for your customers. **** EXTRAS **** The lease terms are highly attractive, with 10 + 5 + 5 yrs remaining, providing stability and peace of mind. The current monthly rent is $3,648.49, inclusive of HST, & covers water and garbage bills. Heat, , and gas are billed separate (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Heating Type: Other
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Zoning: Commercial

Courtesy of: HOMELIFE G1 REALTY INC.

REALTOR.ca  

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Market Price Trends

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Location of 3 - 788 YONGE STREET, Midland, Ontario, L4R 2E6

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

45/100

Moderate

ClimateCheck®

Current data

This property, 3 - 788 YONGE STREET , experiences 7 hot days per year at around 30.3 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 33.8 degrees Celsius.

Projected Avg. Temperature

Past
30.3℃
2050
33.8℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate-High

14 storms expected in 2050

65/100

Moderate-High

ClimateCheck®

Current data

This property, 3 - 788 YONGE STREET , experiences 11 significant 2-day storms per year, with about 319.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 14 significant 2-day storms with 406mm of precipitation per year.

Precipitation Per Storm

Past
319.4mm
2050
406mm

48-Hour Storms Per Year

Past
11
2050
14

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 3 - 788 YONGE STREET, Midland, Ontario, L4R 2E6

Life Stage

Midlife Families

Employment Type

Blue Collar/Primary, Blue Collar/Service Sector

Average Household Income

$104,885.53

Average Number of Children

1.61

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

15.27 %

High school certificate or equivalent

31.32 %

Apprenticeship trade certificate/diploma

6.39 %

College/non-university certificate

29.58 %

University certificate (below bachelor)

1.75 %

University Degree

15.7 %

Commuter

Travel To Work

By Car

87.72 %

By Public Transit

0.0 %

By Walking

6.71 %

By Bicycle

0.0 %

By Other Methods

5.57 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

18.51 %

Houses

81.49 %

Own Vs. Rent

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