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Zarrin Joo

Broker
RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. 11685 Yonge St.#306, Richmond Hill, Ontario L4E0K7 Cell: 416-666-1137Office: 905-508-9500Fax: 905-508-9590

$998,000
Available - For Sale
Listing ID: X12840828
118 Wellington Street West , Merrickville-Wolford, K0G 1N0, Leeds and Grenvi


Building and Business Included in the Sale! Are you looking for a turnkey business opportunity with six-figure potential while working part-time? This exceptional offering includes a completely renovated building and a unique business with significant growth prospects. Over the last five years, the business has seen a 92% increase in net income, with substantial room for further expansion. You can learn more about the current operation by visiting "The Joy of Olives" website. As high-quality olive oil remains a kitchen staple with extraordinary health and flavor benefits, demand for this product continues to rise. The property features ground-floor commercial space and a renovated two-bedroom upstairs apartment, perfect for additional rental income or a live-work setup. The building has undergone extensive renovations, including new stucco, insulation, windows, decks, and HVAC. Situated on a 49' x 103' lot with C1 Zoning, the site offers various expansion options under the Merrickville zoning bylaws. Located in one of Eastern Ontario's premier tourist destinations along the historic Rideau Waterway (a UNESCO World Heritage Site), the property benefits from high foot traffic and ample parking. Whether you choose to operate the existing profitable business, bring your own concept to this location, or expand the site with an additional building, the opportunities are endless. Business can be purchased separately.
Price $998,000
Taxes: $4834.00
Tax Type: Annual
Occupancy: Owner+T
Address: 118 Wellington Street West , Merrickville-Wolford, K0G 1N0, Leeds and Grenvi
Postal Code: K0G 1N0
Province/State: Leeds and Grenvi
Legal Description: W 1/2 LT 7 RANGE 3 PL 6 MERRICKVILLE VIL
Directions/Cross Streets: St. Lawrence St. / Wellington St.
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Retail
Building Percentage: T
Total Area: 1560.00
Total Area Code:  Square Feet
Office/Appartment Area: 780
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Franchise: T
Days Open: O
Sprinklers: No
Washrooms: 0
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
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Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RIGHT AT HOME REALTY
Personal Picture
Zarrin Joo
Broker
Dir:
416-666-1137
Bus:
905-508-9500
Fax:
905-508-9590
 
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At a Glance:
Type: Com - Commercial Retail
Area: Leeds and Grenville
Municipality: Merrickville-Wolford
Neighbourhood: 804 - Merrickville
Style:
Lot Size: x 103.00(Feet)
Approximate Age:
Tax: $4,834
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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