1200 london Road, Sarnia, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Sarnia. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $165,000 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 plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
International grocery store business for sale (without property). The only dedicated international grocery store in Sarnia, Ontario, serving a loyal and growing multicultural customer base. Specializing in exclusive Filipino, Latin, Asian, Brazilian, and Middle Eastern products that are difficult to find locally. Product mixes may be altered depending on the demand and the target market. The business holds a unique market position with minimal direct competition. With a strong brand identity, excellent community reputation, and high repeat customer loyalty from both local Canadians and international communities, this store offers stable operations and significant growth potential. Six days operation, short hours 9.30-8.30. Great potential to grow the business by including fresh produce, adding more varieties, targetting more communities, adding a hot food/takeout section, adding liquor ,adding OLG terminal, ATM machine and increasing business hours. Large 1910 sq ft leased space.Lease term ends on 30June2028 plus 5 Yr option to renew.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1200 london Road 7, Sarnia, ON N7S 1P4
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About Purchasing a Home in Sarnia, ON
For a property listed at $165,000 in Sarnia, the legal minimum down payment is $8,250 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 $1,375 for this transaction. As this listing is in Sarnia (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,375.
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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.