5 McMurchy Avenue, Brampton, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Downtown Brampton. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $450,000 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 2 Bathrooms
- Spacious lot size measured in Feet
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
PROFITABLE bakery business well established since 1981. Clientele satisfaction is constant and quite prevalent and recognized by the long standing clientele of 45 years. The tasty variety of breads and mouth watering pastries - including the award winning "best doughnuts" in Brampton - makes everyone coming back for a couple of generations. Assorted preserved meats and cheeses, a variety of European grocery items and a large frozen seafood products are always available for your delight. Centrally located and in the heart of residential and commercial areas. Easy access to major highways. Reasonable monthly rent. The yearly sales volume and dollar amounts support a "Higher Asking Price". Existing STOCK/INVENTORY is in addition to the sale price and to be paid to the Seller on closing.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 5 McMurchy Avenue N 4 & 5, Brampton, ON L6Y 1Y1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Brampton, ON
For a property listed at $450,000 in Brampton, the legal minimum down payment is $22,500 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 $5,475 for this transaction. As this listing is in Brampton (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,475.
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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.