Welcome to this remarkable sale of business located in the coveted neighborhood of The Beaches. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $149,000 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.
Located in the vibrant Beaches neighbourhood of Toronto, Wild Oregano Mediterranean Cuisine offers an exceptional opportunity to acquire a well established restaurant in one of the city's most desirable dining districts. Situated at 2024 Queen Street East, the restaurant benefits from excellent visibility along a busy corridor known for its lively restaurants, boutique shops, and steady pedestrian traffic from both local residents and visitors to the nearby waterfront. The space features a warm and inviting dining atmosphere that blends modern comfort with Mediterranean charm, creating an ideal setting for dine-in service, private events, catering, and takeout operations. Known for its diverse Mediterranean and Greek-inspired menu, including classics such as souvlaki, moussaka, fresh salads, and hearty brunch options, the restaurant has built a strong reputation for quality food and memorable dining experiences. With its fully equipped kitchen, established customer base, and prime location in one of Toronto's most popular neighbourhoods, this turnkey restaurant presents a rare opportunity for a new owner to step into a thriving hospitality business with strong potential for continued growth. Seats: Indoor: 117, Outdoor: 18
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Data-driven valuation for 2024 Queen Street E 2022, Toronto E02, ON M4L 1H8
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 $149,000 in Toronto, the legal minimum down payment is $7,450 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 $1,215 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,215 also applies, bringing the total estimated land transfer taxes to $2,430.
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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.