2372 Eglinton Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Ionview. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $149,900 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 1 Bathroom
- Spacious lot size measured in Feet
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Excellent opportunity to own a well-established and profitable 241 Pizza business in the heart of Scarborough, ideally located at the busy intersection of Eglinton Avenue East and Kennedy Road.Surrounded by a vibrant residential neighborhood, close to schools, parks, the Toronto Public Library, and Kennedy GO Station, with the new LRT station right at the doorstep, this location offers outstanding visibility and steady foot traffic.The store features very low rent and a long lease, providing excellent stability for the new owner. Recently renovated with the latest franchisor design, over $100,000 has been invested in upgrades, giving the store a modern and attractive look.This business offers great growth potential by expanding catering services and extending operating hours. It is easy to manage, with full training and ongoing support provided by the franchisor, along with low flat fees for royalties and advertising. With low food costs and high profit margins, it is an ideal opportunity for a family-run operation, owner-operator, or investor seeking a stable and rewarding business in a high-demand area.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2372 Eglinton Avenue E Unit#1, Toronto E04, ON M1K 2P3
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 $149,900 in Toronto, the legal minimum down payment is $7,495 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 $1,224 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,224 also applies, bringing the total estimated land transfer taxes to $2,448.
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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.
