Welcome to this remarkable sale of business located in the coveted neighborhood of Downtown Whitby. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $559,000 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.
Exceptional Indian Restaurant Business for Sale in Prime Whitty Location An outstanding opportunity to acquire a thriving, fully operational Indian restaurant in one of Whitty's high-traffic commercial areas. Successfully operating for over 3.5 years, this well-established business has built a loyal customer base and enjoys an excellent reputation for authentic Indian cuisine, dine-in service, takeout, catering, and private events. Spanning approximately 5,000 sq. ft., the restaurant features a beautifully designed dining area with seating for 60 guests, along with a spacious banquet hall accommodating up to 100 guests-perfect for birthdays, anniversaries, corporate events, and community gatherings and a patio area which can be booked for small group parties . The business is being sold as a complete turnkey operation, allowing a new owner to step in and begin operations immediately. The premises are fully equipped with a commercial-grade kitchen, quality fixtures, furnishings, and equipment, offering everything needed to continue operating without interruption. With a favorable lease in place at $7,000 per month plus HST, this business presents an excellent opportunity for experienced restaurateurs, entrepreneurs, or investors looking to expand their hospitality portfolio. Strategically located in a busy commercial corridor with excellent visibility, ample customer parking, and easy access, the restaurant benefits from consistent foot traffic and strong growth potential. There are numerous opportunities to further increase revenue through expanded catering services, online delivery platforms, additional marketing initiatives, and extended operating hours.
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Data-driven valuation for 227 Brock Street S, Whitby, ON L1N 4K2
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 Whitby.
About Purchasing a Home in Whitby, ON
For a property listed at $559,000 in Whitby, the legal minimum down payment is $30,900 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 $7,655 for this transaction. As this listing is in Whitby (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $7,655.
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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.