3250 Midland Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Milliken. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $499,000 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 plaza garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Rare Opportunity! Well-established restaurant located in the highly sought-after SkyCity Shopping Centre, one of the busiest commercial plazas in the area. Approx. 3,138 sq.ft. prominent corner unit with excellent visibility, strong signage exposure, and consistent customer traffic.Features a luxurious interior, 108-seat LLBO license, two private dining rooms, and a fully equipped professional kitchen with extra-long commercial exhaust hoods, walk-in cooler, and walk-in freezer. Functional layout suitable for a wide variety of restaurant concepts.Ample plaza parking and convenient access for customers. Currently operating a profitable business with strong sales. Buyers may continue the existing operation or convert the space to another cuisine or concept. Excellent opportunity for owner-operators or restaurant groups looking to expand in a thriving commercial hub.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 3250 Midland Avenue G101 & G105, Toronto E07, ON M1V 0C7
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 $499,000 in Toronto, the legal minimum down payment is $24,950 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 $6,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $6,455 also applies, bringing the total estimated land transfer taxes to $12,910.
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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.
