3 Glebe Road, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Mount Pleasant West. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $5,200 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 electric forced air heating
Description
Situated just off Yonge Street near Eglinton Ave, this cozy restaurant space offers an excellent sub-lease opportunity in one of the city's busiest and most dynamic neighbourhoods. Featuring a partially equipped kitchen with a 6-foot hood, prep area in the basement, and guest washrooms, the space is well suited for a variety of food concepts. Surrounded by high-density residential condos, trendy restaurants, and constant pedestrian traffic, this vibrant location provides outstanding exposure and a built-in customer base. Ideal for a quick-service restaurant (QSR), this compact and efficient space is perfect for an operator looking to establish a presence in a thriving urban market. Included in the rent is a private and furnished one-bedroom apartment located upstairs with its own separate entrance, offering added convenience for an owner-operator or staff accommodation. The restaurant and apartment do not have to be leased together. The restaurant space can be leased on its own.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3 Glebe Road E, Toronto C10, ON M4S 1N6
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 $5,200 in Toronto, the legal minimum down payment is $260 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 $26 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26 also applies, bringing the total estimated land transfer taxes to $52.
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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.
