Welcome to this remarkable sale of business located in the coveted neighborhood of Roncesvalles. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $238,000 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.
A rare opportunity to acquire a well-established restaurant with over 14 years of successful operation in one of Toronto's most desirable neighbourhoods. This business has built a strong reputation with a loyal, local, and repeat customer base, delivering stable and consistent revenue. The current owner is retiring, offering a genuine opportunity to take over a proven concept with immediate cash flow. The space features a private open backyard patio, adding valuable dining space and seasonal upside. A major bonus is the large basement with walk-in cooler and extensive storage, allowing for efficient operations and scalability. Turn-key business with an established presence and built-in clientele.
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Data-driven valuation for 293 Roncesvalles Avenue, Toronto W01, ON M6R 2M3
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 $238,000 in Toronto, the legal minimum down payment is $11,900 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 $2,105 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,105 also applies, bringing the total estimated land transfer taxes to $4,210.
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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.