1161 Pelham Street, Pelham, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of 662 - Fonthill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $130,000 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 gas forced air open heating
Description
Turn-key restaurant and catering business opportunity in a high-traffic location! Business only. Includes a lease with approximately 4 years remaining, offering stability for a new owner. This established operation is profitable and fully equipped, with extensive updates already completed, allowing you to step in and start generating income from day one. An excellent opportunity for an owner-operator or entrepreneur looking to build on a successful foundation and grow the business to its full potential. The hard work has been done-now it's ready for your vision to take it to the next level.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1161 Pelham Street 4, Pelham, ON L3C 6Z9
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 Pelham, ON
For a property listed at $130,000 in Pelham, the legal minimum down payment is $6,500 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 $1,025 for this transaction. As this listing is in Pelham (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,025.
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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.