789 Murray Street, Chatham-Kent, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Wallaceburg. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,700,000 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
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient other heating
Description
POWER OF SALE. GAS STATION (WITH CONVENIENCE STORE). THIS SITE IS LOCATED AT THE GATEWAY INTO WALLACEBURG CAPTURING TRAFFIC BETWEEN WALLACEBURG AND THE TOWN OF CHATHAM. THE PROPERTY WAS UPGRADED IN 2019 INCLUDING NEW FIBERGLASS TANKS AND LINES. ELECTRIC SERVICE IS BELIEVED TO BE 200 AMPS/240 VOLTS AND THE C-STORE IS APPROX 1,356 SF. THIS PROPERTY IS BEING SOLD UNDER POWER OF SALE AND THE SELLER IS PREPARED TO OFFER VTB FINANCING TO QUALIFIED PURCHASERS. THIS IS AN "AS IS" SALE AND PURCHASER TO SATISFY ITSELF AS TO CONDITION AND CHARACTERISTICS OF THE PROPERTY. MEASUREMENTS BASED ON GEOWAREHOUSE. ALTHOUGH LISTED AS A SALE OF A BUSINESS THIS IS A BUSINESS OPPORTUNITY ONLY. THERE IS NO ACTIVE BUSINESS BEING CARRIED OUT AND THIS POWER OF SALE IS THE SALE OF LAND, BUILDING AND EQUIPMENT ONLY. NO FINANCIAL INFORMATION IS AVAILABLE.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 789 Murray Street, Chatham-Kent, ON N8A 1W2
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About Purchasing a Home in Chatham-Kent, ON
For a property listed at $1,700,000 in Chatham-Kent, the legal minimum down payment is $340,000 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 $30,475 for this transaction. As this listing is in Chatham-Kent (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $30,475.
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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.