106 Broadway Street, Merrickville-Wolford, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of 804 - Merrickville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $449,999 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 1 Bathroom
- Premium 105.53 x 93.12 ft lot size
- equipped with no central cooling and highly efficient none heating
Description
Rare opportunity to own an established turnkey fast-food business and prime commercial property in the heart of historic Merrickville, one of Eastern Ontario's most popular tourist destinations. Ideally situated on a high-visibility corner lot just steps from the Rideau Canaland Rideau River, this thriving business benefits from a steady flow of local and touristtraffic year-round. The attractive take-out building was completely renovated in 2006, with approximately $80,000 invested in kitchen upgrades in 2022, creating an efficient and modern operation ready for immediate ownership. Ample on-site parking, a spacious outdoor dining deck,and green space for additional seating enhance the customer experience. Supported by a loyal customer base and strong community presence, this property offers exceptional income potential with opportunities for future growth and expansion. Whether you're an experienced operator, investor, or entrepreneur seeking a lifestyle business, this is a chance to acquire a well-established operation in one of Ontario's most charming and sought-after communities. Municipal water, septic system, 200-amp electrical service, high-speed internet, and excellent cellular coverage complete this outstanding offering.
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Pricing & Value Insights
Data-driven valuation for 106 Broadway Street W, Merrickville-Wolford, ON K0G 1N0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Merrickville-Wolford, ON
For a property listed at $449,999 in Merrickville-Wolford, the legal minimum down payment is $22,500 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 $5,475 for this transaction. As this listing is in Merrickville-Wolford (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $5,475.
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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.