Welcome to this remarkable sale of business located in the coveted neighborhood of 1013 - OO Old Oakville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $199,000 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.
Excellent opportunity to acquire a well-established Halal restaurant in the heart of Downtown Oakville. Approx. 3,500 sq.ft. on two levels with 84 indoor seats plus a 25-seat patio. LLBO licensed. Fully equipped commercial kitchen featuring an 11-ft exhaust hood, walk-in cooler, walk-in freezer and extensive equipment. Turnkey operation with a loyal customer base and strong local reputation. Currently operating limited hours only: Tue-Thu 4pm-10pm and Fri-Sat 1pm-10pm, offering significant growth potential. Gross rent approximately $11,400/month including TMI, HST and water. Approximately 4.5 years remaining on the lease. Suitable for continued Halal cuisine operation or conversion to another restaurant concept, subject to landlord approval. Seller is busy with other business interests and unable to devote sufficient time to this operation.
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Data-driven valuation for 111 Trafalgar Road, Oakville, ON L6J 3G3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Oakville.
About Purchasing a Home in Oakville, ON
For a property listed at $199,000 in Oakville, the legal minimum down payment is $9,950 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 $1,715 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,715.
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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.