472 Queen Street, St. Marys, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of St. Marys. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $109,000 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 outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Turnkey & Profitable Convenience Store Prime Location in St. Marys. Just 20 minutes North of London, this thriving convenience store presents an exceptional opportunity for entrepreneurs or investors seeking a well-established, high-performing business. The store has been operating successfully for over 11 years, generating consistent weekly sales of over $11,500 (excluding lottery) with a low cigarette sales ratio of only 50%, 13% profit. And, selling high-margin Smoking Accessories and Groceries. The store offers steady additional income from a lottery and ATM commission revenue. There's significant upscale potential for a new owner to make additional revenue streams such as a Vape shop, U-Haul, slush machines, and Scoop Ice cream. This is a retirement sale, offering a rare chance to take over a profitable and turnkey business in a growing community. Don't miss out on this exceptional investment opportunity.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 472 Queen Street E, St. Marys, ON N4X 1B2
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in St. Marys, ON
For a property listed at $109,000 in St. Marys, the legal minimum down payment is $5,450 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 $815 for this transaction. As this listing is in St. Marys (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $815.
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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.