Welcome to this remarkable sale of business located in the coveted neighborhood of Stonegate-Queensway. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $165,000 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.
This is a renowned restaurant with a strong base of loyal customers, located in an affluent neighborhood with a long-standing history. The current owner is retiring after over 30 years of continuous and successful operation.Situated in a high-growth area with significant future redevelopment potential, this business presents an exceptional opportunity for the right operator.The current lease has approximately 2 years remaining. The landlord is open to working with a qualified buyer on a new lease, offering the potential for a long-term arrangement including a 5-year term with a 5-year renewal option, subject to landlord approval.The sale includes all business assets, equipment, chattels, goodwill, and leasehold interest (subject to landlord approval).The space is well-suited for a variety of concepts, including Japanese cuisine, fusion, or other dining formats.
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Data-driven valuation for 3345 Bloor Street W, Toronto W07, ON M8X 1X9
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 $165,000 in Toronto, the legal minimum down payment is $8,250 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 $1,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,375 also applies, bringing the total estimated land transfer taxes to $2,750.
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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.