439 Highway 11 Highway, Black River-Matheson

$699,000
439 Highway 11 Highway

$699,000

New
151d
Sale Of Business

439 Highway 11 Highway, Black River-Matheson

Total Monthly Obligation $3,529

Beds
0
Baths
0
Park
0
DOM
151d
Property Type-Sale Of Business
MLS® Number-T13172076
Beds-0
Lot Size-85.56 × 145 ft
Listed on site-May 25, 2026
Building Type-Sale Of Business
Taxes-$4,015 (2025)
Parking-None
Heating-Gas Forced Air Closed
Brokerage-ROYAL LEPAGE NORTHERN GOLD REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-TBD
Neighbourhood-Matheson
Title-Commercial

No agent assigned

Nestled in the heart of Matheson, Ontario, right on the bustling Trans-Canada Highway, this well-established restaurant offers a unique blend of Chinese and Canadian cuisine. With seating for 28 guests, a fully equipped kitchen, and prime highway exposure, this turnkey business is poised for continued success. Attached to the restaurant is a charming 2-plus-2 bedroom home, perfect for owner-occupiers or added rental income. The home features a cozy layout with a three-piece bathroom, offering comfort and convenience just steps away. Don't miss this rare opportunity to live and work in one dynamic location!

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Closing Costs

Mortgage Amount
$559,200
Land Transfer Taxes$10,455
Legal Fees (Est.)
$
Total cash required for closing$151,755

Total Monthly Obligation

$3,529/mo
Mortgage $2,820
Monthly Loss $2,787
Principal$742
Interest$2,078
Property Tax$335
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 439 Highway 11 Highway

Time

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