Welcome to this remarkable sale of business located in the coveted neighborhood of Lawrence Park North. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $150,000 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.
High-exposure corner restaurant opportunity in one of Toronto's strongest retail corridors. This offering is strictly an asset sale, with no brand name or goodwill included, making it ideal for an operator looking to step into a fully built-out space and execute their own concept. Strategically positioned within a 5-minute walk of Yonge-Lawrence subway station, the property benefits from consistent pedestrian traffic, excellent visibility, and seamless connectivity to the rest of the city. The prominent corner presence provides outstanding signage exposure along Yonge Street, placing the business in front of a steady flow of both vehicular and foot traffic in a dense, affluent neighbourhood. The space is fully improved with a turnkey restaurant build-out, including a large basement commissary kitchen equipped with high-quality fixturing and chattels. The layout is highly functional and can be easily adapted to a variety of concepts, including quick service, fast casual, ghost kitchen, or catering operations, allowing an incoming operator to significantly reduce upfront capital and time to open. The existing lease runs through December 31, 2032, and includes two additional five-year renewal options, providing long-term security in a premier Yongei Street location. This is a rare opportunity to acquire a fully fixtured restaurant space without the cost, timing, and execution risk associated with a new build-out.
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Data-driven valuation for 3204 Yonge Street, Toronto C04, ON M4N 2L2
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 $150,000 in Toronto, the legal minimum down payment is $7,500 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 $1,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,225 also applies, bringing the total estimated land transfer taxes to $2,450.
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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.