$120,000

564 Fisgard Street, Victoria V8W1R4

Detached

Listed by: RE/MAX Camosun.

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Description

Having operated successfully for over a decade in the heart of Victoria’s Chinatown, this well-established Chinese restaurant presents an exceptional opportunity to acquire a profitable and recognizable business in a prime downtown location. The lease offers favorable rental terms, and the restaurant benefits from a loyal customer base and steady repeat clientele. Fully equipped and operational, this is a true turnkey opportunity allowing a new owner to generate income from day one. Flexible payment terms may be available, including vendor financing or installment options for qualified buyers, providing additional accessibility and investment flexibility. Please do not approach the owner or staff directly. All inquiries and private showings must be arranged through the Listing Agent. (id:66934)

Location

Approximate location supplied by the listing data provider.

Features

Annual Taxes: $1

Property Details

Property Type	Detached
Sub Type	Business
Listing ID	988786

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564 Fisgard Street, Victoria
MLS® 988786 · $120,000

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Calculation details & assumptions

Defaults use the Bank of Canada's monthly average rates actually charged on new mortgage lending, including renewals and refinancing. Below 20% down uses the insured average; otherwise uninsured. Terms use the published 1–under 3, 3–under 5, or 5-years-and-over range, not an exact-term quote. These are volume-weighted chartered-bank averages published with a lag, not today's offers or a rate guarantee. New observations are checked automatically. Your available rate may differ.

Monthly payments use Canadian fixed-rate, semi-annual compounding. The term is the contract length; amortization is the repayment period. Renewal rates may change.

Assumes an owner-occupied Canadian home with one or two units, a traditional down payment and lender approval. Below 20% down, the estimate finances the standard CMHC premium, plus 0.20 percentage points for eligible 30-year amortization. Lender requirements may differ. Not for commercial, land-only or construction financing. Excludes property taxes, strata fees, utilities, home insurance and closing costs.

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