439 Highway 11 Highway, Black River-Matheson, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Matheson. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $699,000 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 85.56 x 145 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
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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Pricing & Value Insights
Data-driven valuation for 439 Highway 11 Highway, Black River-Matheson, ON P0K 1N0
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About Purchasing a Home in Black River-Matheson, ON
For a property listed at $699,000 in Black River-Matheson, the legal minimum down payment is $44,900 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 $10,455 for this transaction. As this listing is in Black River-Matheson (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10,455.
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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.