2414 Queen Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Birchcliffe-Cliffside. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $68,000 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 street garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Fantastic opportunity to own a well-located convenience store with strong, stable income! Weekly sales $6,000 plus Lotto 6/49 commission approximately $1,000/month. Affordable rent at only $2,900/month (including TMI). lease term until 2027 with a 5-year renewal option.Situated in a high-density residential area surrounded by numerous apartment buildings, Cigarette sales only 30% of revenue, offering excellent potential to increase profits by expanding product lines such as alcohol, flowers, and fresh produce.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2414 Queen Street E, Toronto E06, ON M4E 1H4
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 $68,000 in Toronto, the legal minimum down payment is $3,400 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 $405 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $405 also applies, bringing the total estimated land transfer taxes to $810.
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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.
