183 Queen Street, Scugog, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Port Perry. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $48,000 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 90.35 x 186.87 ft lot size
- Convenient street garage included
- equipped with yes central cooling and highly efficient electric forced air heating
Description
ASKING PRICE $48,000 PLUS DISCOUNTED STOCK VALUE. **** UNIQUE RETAIL OPPORTUNITY: established fashion brands apparel and accessories business in irreplaceable, high-traffic Port Perry location. **** POPULAR BRAND NAMES APPAREL, ACCESSORIES & HOME DÉCOR store shoppers favorite, in one of the most-visited and well-recognized locations in Port Perrys historic downtown. This anchor of Port Perrys Heritage District enjoys unparalleled visibility and proximity to public parking, Scugog Lake, parks and all the attractions and amenities of a bustling downtown wile nestled in beautiful Victorian architecture. The store is known to attract tourists and out-of-town shoppers making it a busy fashion must-stop location. PANORAMA also sells selected furniture pieces and the whole store could easily be separated into two businesses: Lifestyle Apparel and Accessories (clothing, shoes, jewelry, etc.) and/or Furniture business. See attached Documents for partial list of current/past quality Canadian and Italian furniture brands and amazing ladies and men's clothing/fashion lines. Significant value in accounts with merchandisers; owner can facilitate a buyers contact with brands and provide list of suggested additional brands.**** Current store area 3100 SF but SUBDIVISION OF THE AREA MAY BE POSSIBLE IF NEW OWNER WISHES TO REDUCE THE AREA.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 183 Queen Street, Scugog, ON L9L 1B4
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About Purchasing a Home in Scugog, ON
For a property listed at $48,000 in Scugog, the legal minimum down payment is $2,400 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 $240 for this transaction. As this listing is in Scugog (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $240.
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