1548 St. Clair Parkway, St. Clair, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of St. Clair. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $199,900 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 36.48 x 154.34 ft lot size
- Convenient covered garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
CALLING ALL INVESTORS & ENTREPRENEURS!! EXCELLENT OPPORTUNITY TO ACQUIRE A WELL ESTABLISHED THRIVING RIVERVIEW RESTAURANT IN A HIGH EXPOSURE LOCATION OVERLOOKING THE SCENIC ST. CLAIR RIVER IN COURTRIGHT, ONT. KNOWN AS THE "ST. CLAIR RIVERVIEW RESTAURANT". THIS FULLY EQUIPPED, TURN KEY BUSINESS FEATURES A COMMERCIAL KITCHEN, DINING & BAR AREA INDOOR SEATING CAPACITY FOR: 60, FRONT OUTDOOR PATIO SEATING: 30 & BACK PATIO SEATING FOR: 30. THE SPACIOUS ON SITE BACK PARKING LOT ACCOMMODATES UP TO: 40 CARS. THE RESTAURANT ENJOYS A LOYAL CUSTOMER BASE AND STRONG LOCAL PRESENCE, A TOWN FAVOURITE LANDMARK KNOWN FOR THEIR DELICIOUS HOMEMADE MEALS & COLD BEVERAGES FOR ALL TO ENJOY IN A RELAXING ATMOSPHERE WHERE LOCAL MUSICIANS PLAY ON THE WEEKENDS. PERFECT FOR EXPERIENCED OPERATORS, CHEFS OR ENTREPRENEURS LOOKING TO STEP INTO YOUR OWN HOSPITALITY INDUSTRY. WITH A STRONG RETURN ON INVESTMENT ALREADY MAKE OWNING THIS RESTAURANT AN IDEAL INVESTMENT. NEW RESTAURANT BUSINESS OWNER WILL RENT FROM CURRENT BUILDING OWNER. WHETHER MAINTAINING THE CURRENT CONCEPT OR LAUNCHING SOME NEW CULINARY VISION, THIS RIVERFRONT RESTAURANT OFFERS EXCELLENT POTENTIAL TO TAKE OVER FOR LONG TERM SUCCESS!
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1548 St. Clair Parkway, St. Clair, ON N0N 1H0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in St. Clair, ON
For a property listed at $199,900 in St. Clair, the legal minimum down payment is $9,995 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 $1,724 for this transaction. As this listing is in St. Clair (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,724.
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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.