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Renanza Realty
For sale

7A - 611 WONDERLAND ROAD N

London North (North N), Ontario

MLS® X13077314

$249,000

Status
Active
Property type
Business
MLS® number
X13077314
Bedrooms
Bathrooms
2
Year built

Listing description

Located next to T&T Supermarket and near Costco, Grand Tang Chinese Cuisine is a well-known Chinese eatery in North-West London. Nestled in a bustling commercial hub with high-rise buildings and various retail stores, it enjoys excellent public transit connections to Western University, Fanshawe College, White Oaks Mall, and Masonville Mall. Operated successfully by its current owner for over a decade, Grand Tang Chinese Cuisine has a loyal customer base and consistent performance, yet it still has great growth potential.

The restaurant operates on a limited schedule - open just 3 days a week from 5 PM to 9 PM for dine-in dinner only, without takeout or a liquor license, and closes for 3 months each year. The 1,178-square-foot space accommodates 34 seats, with affordable rent and a lease that has three years remaining.

Property summary

MLS® number
X13077314
Property type
Business
Square footage
1,178 sq ft
Land size
6.07 acres
Annual property taxes
$274,128.51
Days on market
119 days

Features & details

Heating
Forced air
Cooling
Fully air conditioned
Lot features
Irregular lot size

What would this home cost you?

Based on the $249,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$1,159 /mo

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Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of RIGHT AT HOME REALTY, LONDON.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.