BLDG H, #14 - 3255 RUTHERFORD ROAD
Vaughan (Vellore Village), Ontario
MLS® N13101804
$350,000
- Status
- Active
- Property type
- Business
- MLS® number
- N13101804
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 18Listing description
Turnkey opportunity to acquire a well-established South Asian franchise premium fine dining restaurant in a prime Vaughan location, just minutes from Hwy 400. This high-visibility site offers strong exposure and consistent traffic, making it ideal for both experienced operators and new entrants to the hospitality space. The business operates 7 days a week from 12:00 PM to 10:00 PM and is fully equipped for immediate takeover.
The premises include a beautifully designed main dining area with seating for approx 38 guests, along with an additional covered and heated patio space of approx. 1,800 sq. ft.
, accommodating a further approx 28 guests, providing extended seasonal usability and enhanced revenue potential. Total rent, including HST, is $6,380/month. The current lease is secured until September 30, 2030, with an additional 5-year renewal option, offering long-term stability.
For qualified buyers, and an appraisal report is also available. Flexibility exists to continue operating under the existing franchise or rebrand to a different concept or cuisine, subject to landlord and franchise approval. Inventory is extra.
A rare opportunity to acquire a premium dining establishment in one of Vaughan's most sought-after commercial corridors.
Property summary
- MLS® number
- N13101804
- Property type
- Business
- Leasable Area
- 1,802 sq ft
- Annual property taxes
- $17.60
- Days on market
- 161 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $350,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of RE/MAX ESCARPMENT REALTY INC., OAKVILLE.
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.