220 Yonge Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Bay Street Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $349,000 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
- Spacious lot size measured in Feet
- Convenient underground garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Exceptional opportunity to acquire a highly successful Japanese ramen business operating as Sansotei Ramen in CF Toronto Eaton Centre, with the flexibility to convert to another concept subject to landlord and franchisor approval. Situated within one of North America's busiest shopping centres, this premier destination welcomes millions of visitors annually and spans nearly 2 million sq. ft. with over 230 retailers, restaurants, and services. Surrounded by dense office towers, universities, hotels, and constant pedestrian traffic, the location offers unmatched exposure and consistent footfall. The space benefits from direct access to subway and public transit, ensuring convenient access for both customers and staff. This is also equipped with a large commercial hood, fryer, oven, rational combi oven and more. Long-term stability is supported by a lengthy lease term expiring in December 2032 making this a rare and compelling investment in one of Toronto's most iconic retail hubs.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 220 Yonge Street CRU F17, Toronto C01, ON M5B 2H1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $349,000 in Toronto, the legal minimum down payment is $17,450 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 $3,710 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,710 also applies, bringing the total estimated land transfer taxes to $7,420.
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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.
