26 MONK Street, Point Edward, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Point Edward. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,900 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 33 x 67 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Outstanding commercial leasing opportunity in vibrant Point Edward. Positioned in a highly visible location with excellent exposure, this versatile space offers an exceptional setting for a variety of business ventures. Ideally situated near popular shopping destinations, restaurants, and the waterfront, the property benefits from steady local traffic and strong community presence. The flexible layout lends itself to numerous commercial applications, including retail, professional services, personal services, office use or studio space. Numerous updates have been completed, including new LED lighting in 2020, a high-efficiency furnace and central air conditioning system in 2023. This is an excellent opportunity to establish or expand your business in one of the area's most desirable commercial locations. Interested tenants are encouraged to complete their own due diligence regarding zoning, permitted uses, licensing requirements, and any approvals necessary for their intended operation. Lease is monthly, plus utilities.
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Pricing & Value Insights
Data-driven valuation for 26 MONK Street, Point Edward, ON N7V 1M7
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About Purchasing a Home in Point Edward, ON
For a property listed at $1,900 in Point Edward, the legal minimum down payment is $95 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 for this transaction. As this listing is in Point Edward (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $10.
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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.