2300 Finch Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Humber Summit. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $159,000 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
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Turnkey business opportunity ideal for investors or owner-operators! Well-established Portuguese take-out and dine-in restaurant operating in a bright and welcoming space featuring professionally equipped commercial kitchen. Situated at a prime, high-traffic main intersection on the border of Vaughan and North York, providing excellent exposure and accessibility. The sale includes all kitchen equipment, furniture, and fixtures, allowing for immediate operation. In business for nearly 20 years, this location offers proven performance and positive cash flow. Low monthly rent of $2,300 with approximately 4.5 years remaining on the lease, plus option to extend and option to buy. The franchise name is not included in the sale and any signsrelated to the existing business will be removed upon sale.
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Pricing & Value Insights
Data-driven valuation for 2300 Finch Avenue 67, Toronto W05, ON M9M 2Y3
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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 $159,000 in Toronto, the legal minimum down payment is $7,950 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 $1,315 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,315 also applies, bringing the total estimated land transfer taxes to $2,630.
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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.