Welcome to this remarkable sale of business located in the coveted neighborhood of Annex. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $598,000 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.
Diamond Location at the iconic corner of Yorkville Ave & Yonge St, this offering represents a true trophy asset in one of Toronto's most prestigious luxury intersections-an address rarely available to buyers. The seller has invested over $1,000,000 in high-end renovations and leasehold improvements, delivering a turnkey, elegant space. Situated directly beside the Four Seasons Hotel Toronto, the business benefits from consistent demand from hotel guests, concierge services, and surrounding high-end commercial and residential clientele. Weekly sales $20k-25k! Simple operation with Very low labor cost and utilities cost! With Toronto hosting the FIFA World Cup 2026, Yorkville will be in the global spotlight, welcoming international visitors, VIPs, and celebrities-many staying at the Four Seasons-creating significant growth potential. The business is simple to operate, low overheads and easy to manage. Seller holds special caviar supply channels and can assist buyers wishing to continue the caviar concept. Buyer may add sushi or other simple menu, or convert into any other style of pub, bar, or alternative commercial concept, subject to approvals. VTB available to qualified buyers
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Data-driven valuation for 1 Yorkville Avenue 108, Toronto C02, ON M4W 0B1
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 Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $598,000 in Toronto, the legal minimum down payment is $34,800 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 $8,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,435 also applies, bringing the total estimated land transfer taxes to $16,870.
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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.