543 Speedvale Avenue, Guelph, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Victoria North. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $89,000 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 2 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient baseboard heating
Description
MOTIVATED SELLERS - BRING YOUR BEST OFFER - Established Bistro Opportunity - Prime Guelph LocationExceptional opportunity to acquire a well-established bistro in the heart of Guelph, featuring a loyal and growing client base and significant upside potential. Currently operating with limited hours, this turnkey business offers immediate opportunities to increase revenue by extending hours of operation and opening seven days a week.The premises include approximately 900 sq. ft. of inviting indoor dining space, complemented by an impressive 1,100 sq. ft. patio, ideal for seasonal dining and events. Very attractive rent at only $4,100 TMI included, with the option to renew for two additional five-year terms, providing long-term stability for the operator.LLBO license approved and all chattels included in the purchase price, allowing for a seamless transition. Well-suited for an owner-operator or investor looking to capitalize on an established concept with room to grow through expanded hours, menu development, catering, or special events.A true turnkey operation with strong fundamentals and outstanding potential in a vibrant and growing market.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 543 Speedvale Avenue E, Guelph, ON N1E 1P7
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Guelph, ON
For a property listed at $89,000 in Guelph, the legal minimum down payment is $4,450 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 $615 for this transaction. As this listing is in Guelph (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $615.
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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.