Welcome to this remarkable sale of business located in the coveted neighborhood of Town Ward 3. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $290,500 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.
Exceptional opportunity to own a well-established and profitable business with strong potential for further expansion. This turnkey operation generates approximately $30,000- $35,000 in monthly revenue (around $400,000 annually) with an impressive net profit margin. The owner is willing to fully train the new operator to ensure a smooth transition and continued success. The business is supported by a loyal customer base and an efficient operating model, making it ideal for both experienced entrepreneurs and first-time business owners seeking a high-performing franchise opportunity. Turnkey 2000 sq ft South-Asian grocery and live food counter is located in the heart of downtown Peterborough. Operating successfully for over 5 years with verified financials. The store is well-established with a loyal customer base, excellent visibility, and includes all premium fixtures and fittings. Key Business Highlights include Prime downtown Peterborough location with front and rear access and parking. Low rent and high visibility with steady foot traffic. Fully equipped store plus basement and loft with washroom and shower. Includes live food counter with 2-basin metal sink (hot & cold water). Strong community reputation and loyal customer base with 5+ years of profitable operation. Excellent goodwill and online presence (Instagram, Facebook, Google Maps, website & private delivery system). Partnerships and strong customer flow from Fleming College and Trent University students. Citywide exposure through bus transit ads running for over 2 years. Price includes Inventory of around $90,000.00 Lotto / OLG on site as per Seller, get in touch for more information.
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Data-driven valuation for 429-437 George Street N, Peterborough, ON K9H 3R4
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 Peterborough.
About Purchasing a Home in Peterborough, ON
For a property listed at $290,500 in Peterborough, the legal minimum down payment is $14,525 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 $2,833 for this transaction. As this listing is in Peterborough (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $2,833.
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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.