Welcome to this remarkable sale of business located in the coveted neighborhood of TNE - Hill District. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $125,000 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.
Take advantage of this rare opportunity to acquire two incorporated businesses operating from prime commercial locations. Both businesses are being sold together for a total purchase price of $219,000. Exceptional opportunity to acquire a well-established, turnkey variety store located on the main floor of the 101 Mall. Successfully operating for approximately 15 years, this business benefits from a high-visibility location and a loyal customer base. The store is recognized as the top-performing lottery sales location and leading lottery prize redemption centre in its category within the corner store market. Revenue is generated through a diverse range of products and services, including lottery sales, tobacco products, hospital 50/50 tickets, TV Bingo, fresh food offerings, beverages, snacks, and gift cards. Most equipment is owned and included in the sale, with only a few leased or excluded items. The business is fully equipped with a security system, POS system, and alarm system, all of which can be transferred to the new owner, eliminating significant setup and installation costs. This is a true turnkey operation offering established revenue streams, strong community recognition, and excellent potential for continued success. NOTE: Business Package Sale Only - Corner Store located at 213-38 Pine Street North must be purchased together with The Lotto Booth at Timmins Square located at 1500 Riverside Drive. No separate business sales will be considered.
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Data-driven valuation for 38 Pine Street N, Timmins, ON P4N 6K6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Timmins.
About Purchasing a Home in Timmins, ON
For a property listed at $125,000 in Timmins, the legal minimum down payment is $6,250 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 $975 for this transaction. As this listing is in Timmins (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $975.
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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.