Welcome to this remarkable sale of business located in the coveted neighborhood of New Toronto. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $199,000 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.
PARTY IN THE FRONT, BUSINESS IN THE BACK. Long-standing and popular bakery retail and production location featuring the best cookies in Canada! Recipes and training can be included in this turn-key operation featuring top of the line specialty baking equipment, multiple walk-in fridges, truck-level rear delivery door and plenty of production area to grow wholesale and support multiple accounts. Retail area perfect for takeout and display. Tons of storage and refrigeration to accommodate a large catering operation. Competitive rent includes an area currently subleased to another restaurant to reduce overall costs. Take on this established business with ample opportunity for growth and training from experienced operators.
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Public Transit, Recreation/Community Centre
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 2897 Lake Shore Boulevard W, Toronto W06, ON M8V 1J3
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 $199,000 in Toronto, the legal minimum down payment is $9,950 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 $1,715 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,715 also applies, bringing the total estimated land transfer taxes to $3,430.
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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.