1030 Talbot Street, St. Thomas, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of St. Thomas. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $175,000 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 590.34 x 151.13 ft lot size
- equipped with partial central cooling and highly efficient none heating
Description
Well-established, turn-key food truck Fries R Us, currently open and operating 7 days a week 11 AM - 7 PM. This unit is fully inspected and approved by health, fire, and fire suppression, most recently completed in April, with annual renewals.The truck has been fully renovated from top to bottom and is equipped with 3 deep fryers, flat-top griddle, 5 refrigerators, and 2 deep freezers. All equipment in excellent, updated condition and also includes a C-can for dry storage with power already connected, plus 10-15 picnic tables for outdoor seating. Located in the heart of St. Thomas, positioned on a high-traffic street within a busy farmers' market lot, and supported by a strong, loyal community. This business has been successfully operating for 35 years.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1030 Talbot Street, St. Thomas, ON N5P 1G3
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About Purchasing a Home in St. Thomas, ON
For a property listed at $175,000 in St. Thomas, the legal minimum down payment is $8,750 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 $1,475 for this transaction. As this listing is in St. Thomas (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,475.
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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.