Welcome to this remarkable sale of business located in the coveted neighborhood of 214 - Clifton Hill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1 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.
Great opportunity to take over a move-in-ready restaurant with a well-designed layout and top-quality setup. The main level offers approximately 1,600 sq. ft. with seating for 76 guests and additional 800sq. ft. in second-floor private dining area offers flexibility for events, parties, or group dining. A modern open-concept show kitchen, and patio space-perfect for dine-in service and high-volume business. The restaurant features 3 full washrooms, 1 half washroom. It comes fully equipped with brand-new, paid-off equipment, including two commercial hoods and a professionally designed show kitchen(dishwasher on rental). The landlord covers HVAC maintenance, helping reduce operating costs. Offered with a 5+5 year lease at $7,500 + HST, this is a great opportunity for owner-operators or investors seeking a ready-to-run space in a high-demand location. Business is offered for sale without property and business name.
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Data-driven valuation for 5448 Victoria Avenue, Niagara Falls, ON L2G 3L2
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 Niagara Falls.
About Purchasing a Home in Niagara Falls, ON
For a property listed at $1 in Niagara Falls, the legal minimum down payment is $0 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 $0 for this transaction. As this listing is in Niagara Falls (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $0.
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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.