35-37 Yonge Street, Arran-Elderslie, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Arran-Elderslie. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,200,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Premium 46 x 80 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Excellent Opportunity to Own a Profitable LCBO Outlet in a High-Traffic Tourist Area! The only LCBO Outlet in town, generating strong revenue from beer, wine, liquor, grocery, tobacco, and lottery sales. Tara Foodtown LCBO Outlet is a well-established and stable business located in the heart of Tara, benefiting from consistent local clientele and strong seasonal tourist traffic. This turn-key operation offers steady revenue streams from liquor sales, grocery items, and convenience goods, making it an ideal investment for both owner-operators and investors. Strategically positioned near popular destinations such as Sauble Beach, Southampton, and Port Elgin, the store enjoys increased customer volume, especially during peak summer months and holiday seasons. The surrounding cottage country and camping areas further contribute to repeat and walk-in business. Spacious 3,700 sq.ft. main-floor retail store featuring a fully renovated interior, walk-in beer cooler, and well-maintained equipment and chattels. The second floor features a beautifully upgraded luxury residence, offering 5 bedrooms plus a den-far exceeding expectations. Recently renovated with significant investment by the owner, the space delivers both exceptional quality and refined living.
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Data-driven valuation for 35-37 Yonge Street, Arran-Elderslie, ON N0H 2N0
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About Purchasing a Home in Arran-Elderslie, ON
For a property listed at $2,200,000 in Arran-Elderslie, the legal minimum down payment is $440,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $41,475 for this transaction. As this listing is in Arran-Elderslie (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $41,475.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.