Welcome to this remarkable sale of business located in the coveted neighborhood of South Riverdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $98,800 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.
Fantastic opportunity to rebrand this quick-service takeout restaurant into your own concept, or to use the space for alternative commercial purposes. Located in the desirable Leslieville community, this property benefits from strong foot traffic and excellent street visibility. The space is approximately 727 sq. ft. and features an attractive remaining lease term of just under five years, with one additional five-year renewal option. The unit includes one parking spot at the rear and is easily accessible via the laneway for convenient deliveries. The sale of the business includes all equipment currently in the space. Please do not go direct or speak with staff.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 1162 Queen Street E, Toronto E01, ON M4M 1L4
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 $98,800 in Toronto, the legal minimum down payment is $4,940 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 $713 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $713 also applies, bringing the total estimated land transfer taxes to $1,426.
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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.