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Last Updated : 134 Days ago
361 King St E, Clarington, Ontario, Newcastle
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10 - 361 King St E, Clarington MLS Number: E9294447

Newcastle, Clarington, Durham, ON, L1B 1B4

$119,900

Status: For Sale

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $14.40 (Tax Year:2024)
  • Listing Courtesy : Re/max Impact Realty

Unit-10 361 King St E Property Description

Convenience Store located in a busy commercial plaza with Tim Hortons as one of the main tenants. The business has been in the family for over 10 years. It was previously ran by the current owners father. The vendor is prepared to spent a time training the new owner. The vendor will allow any prospective purchaser spend a few days working in the business to assess the daily traffic and business being done. It is unit 10 in the plaza and is 1100 square feet. The Net Rent is $23.00 per square foot = $2384.00 the current TMI is $17.5 per square foot =$1604.23. Net plus TMI = $3988.23 plus HST $518.47 = $4506.70 total rent per month. The current leas expires April 30th 2025. The landlord is open to negotiate a 5 year lease for the new buyer. Gross average sales of Cigarettes is $50K per month and for all other items the average monthly Gross is $25K. Current hours are 9am to 9pm Sunday to Thursday and 9am to 10 pm Friday and Saturday. Hours could be increased to 24 hours. Enbridge Gas is $8500 to $9500 per year.

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Unit-10 361 King St E Property Facts

Property Type :Commercial
MLS Number :E9294447
Listing Type :Sale
Property Age :16-30 Years
Possession Date :
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Last Updated :30 Sep, 2024 (134 Days ago)
Source :TRREB
Area :Durham
Postal Code : L1B 1B4
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Unit-10 361 King St E Property Price & Tax Insights

Price : $119,900
Property Taxes :$14.40
Tax Year :2024

Unit-10 361 King St E, Clarington Property Details

Cross Street :King/Massey Drive
Fireplace/Stove :No

361 King St E, Clarington - Price History

2024-09

01 Sep, 2024

TREB #E9294447

Available

$119,900

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Rishi Raj Tiwari
Sales Representative / Broker
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FAQs: 361 King St E, Clarington

  • Q:What is the Area Size of the 361 King St E In Sq.Ft and it's MLS No.?

    A: The project covers an area of approximately sq. ft and is strategically located in Durham. The MLS No of this project is E9294447 and the Project is located in Ontario, Canada
  • Q: Does this Project 361 King St E available for Sale ?

    A: The project 361 King St E is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 361 King St E is Offering?

    A:Square Yards is giving a Cashback of $600 if you buy this property from us, however there are several key features offered by the 361 King St E. You get Beds with N/A Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 361 King St E, Durham?

    A: 361 King St E, Durham comes with Beds for maximum convenience and space. There are N/A baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Durham, On?

    A:Durham, Ontario is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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