15 Main Street, Newmarket, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Central Newmarket. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $328,888 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
- Spacious lot size measured in Feet
- Convenient public garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Turnkey, Profitable, Established Flower Shop - Rare Opportunity! Own a well-established, independently operated flower shop with a strong reputation, loyal clientele, and proven financial performance. This is a true turnkey business with everything in place for a seamless transition. Strong Financial Performance: Healthy annual sales with an impressive 18-19% net profit margin, providing an excellent opportunity for an owner-operator or investor. Unlike a franchise, this independent business has no franchise fees or ongoing royalty payments, allowing the owner to keep 100% of the profits. The buyer also has complete freedom to source flowers and supplies from any vendor of their choice, with no restrictive supplier agreements. The lease offers exceptional value with all-inclusive rent, including TMI and utilities, providing predictable monthly operating costs with no hidden surprises for only $2,121/monthIn addition to its established floral business, the existing website offers significant growth potential. A new owner can easily expand the product line to include gift baskets, gourmet items, plants, seasonal gifts, home décor, and other specialty products to create additional revenue streams. An outstanding opportunity to acquire a respected, profitable business with an established customer base, operational flexibility, and significant potential for future growth.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 15 Main Street E, Newmarket, ON L3Y 3Y1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Newmarket, ON
For a property listed at $328,888 in Newmarket, the legal minimum down payment is $16,444 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 $3,408 for this transaction. As this listing is in Newmarket (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,408.
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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.