42 Levendale Road, Richmond Hill, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Mill Pond. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $200,000 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
- Premium 20.5 x 118.75 ft lot size
- equipped with yes central cooling and highly efficient electric forced air heating
Description
A Great Opportunity to own a great business with potential to grow. Excellent Location. Very Clean(Spent $40K For upgrades). Wkly Gross Sales: @$14,000. Cigarette: 65%(Margin 12.5%). Lotto Comn average: $2800/Mth. Other Income: $100/M(ATM). 400 Bitcoin. Lease: 5 Years. Rent 1800/month + property tax. Net Profit average is: @$8,000/Mth. Inventory Is Extra (Inventory will be calculated with the third party and is payable to the seller before the closing either by certified cheque or bank draft. Inventory service provider bill will be shared by the buyer and the seller). Many Anchor Stores: Restaurants, Jewelry Shop, Hair Salon, Flower Shop, Coin Laundry, Bakery, Pizza Nova The Buyer might be eligible to sell Beer and Wine (Buyer and their agent should do their own due diligence)
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 42 Levendale Road, Richmond Hill, ON L4C 4H2
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 Richmond Hill, ON
For a property listed at $200,000 in Richmond Hill, the legal minimum down payment is $10,000 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 $1,725 for this transaction. As this listing is in Richmond Hill (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,725.
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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.