314 Kerr Street, Oakville, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of 1002 - CO Central. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $110,000 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 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient other heating
Description
Located on the vibrant, highly sought-after Kerr Street in the heart of Oakville, this well-established bakery offers a rare opportunity to own a beloved local business with over 30 years of community history. Known by loyal customers for decades, the bakery enjoys excellent visibility and steady foot traffic along one of Oakville's most popular commercial corridors. The inviting space features a charming patio, perfect for outdoor seating and seasonal gatherings. It includes a valuable liquor license that opens the door to expanded menu and evening service opportunities. With its long-standing reputation, prime location, and unique amenities, this turnkey bakery is ideally positioned for a new owner to build on its legacy and continue thriving in the lovely Oakville area.
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Pricing & Value Insights
Data-driven valuation for 314 Kerr Street, Oakville, ON L6K 3B5
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About Purchasing a Home in Oakville, ON
For a property listed at $110,000 in Oakville, the legal minimum down payment is $5,500 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 $825 for this transaction. As this listing is in Oakville (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $825.
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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.