243 King Street, Clarington, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Bowmanville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $118,000 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 plaza garage included
- equipped with yes central cooling and highly efficient electric forced air heating
Description
Rare opportunity to own a long-established Coffee Time franchise in busy Bowmanville Mall. Turnkey 1,880 SF space with approx. 14 years of operation and yearly revenue of about $410K. Secure lease with a renewal option. Great location beside the mall entrance, with access from both the mall and the exterior entrance for strong exposure and easy customer access. Surrounded by residential neighbourhoods, schools, daily service businesses, and ample parking. A solid opportunity for owner-operators or family business buyers.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 243 King Street E, Clarington, ON L1C 3X1
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Clarington, ON
For a property listed at $118,000 in Clarington, the legal minimum down payment is $5,900 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 $905 for this transaction. As this listing is in Clarington (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $905.
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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.