Commercial For Sale in Cornwall, Ontario - 401 Montreal Rd.

Cornwall Commercial For Sale By Owner

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Commercial For Sale

401 Montreal Rd. , Cornwall, ON, K6H 1B8
Owner`s Description

Fantastic family owned and operated restaurant in Cornwall, Ontario (one hour from Montreal and Ottawa). This wonderfully-kept restaurant seats 80-100 people and has a loyal following. The building is also home to additional 2+2 apartments currently bringing in $1000/month in income. Room upstairs for an additional dining room, or re-converted into 2 more apartments.
The restaurant is fully licensed and has been renovated.

Price for building and business: $399, 900.00
Business only: $185, 000.00

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 Helen Karitsiotis

Day Phone(613) 867-5364
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Listing Owner
 Helen Karitsiotis

Day Phone(613) 867-5364
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Property Summary
Property ID:  4197
Property Cat:  Commercial
Property Type:  Commercial

Land Transfer Tax Calculation Ontario

"The Land Transfer Tax in Cornwall, Ontario based on the selling price of $185,000.00 is $1,575.00."
* See the land transfer tax formula for Ontario
+ $0 to $55,000.00 - land transfer tax is 0.5%
+ $55,000.00 to $250,000.00 - land transfer tax is 1.0
+ $250,000.00 to $400,000.00 - land transfer tax is 1.5%
$400,000.00 and up - land transfer tax is 2.0%


See Also: Cornwall Real Estate     Cornwall Condos For Sale     Cornwall Commercial For Sale

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