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 $99,000 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.
Located in a high-traffic area with a steady customer base and excellent reputation. The shop features elegant decor and a well-organized layout, ideal for continuing a tea culture-related business. Main Business: Retail of tea sets and premium teas. Private mahjong/card rooms Tea ceremony and tasting rooms. Highlights: Fully equipped and beautifully decorated - turnkey operation Stable clientele with many returning customers. Great potential for expansion (e.g., private gatherings, cultural workshops, or lifestyle events). Owner spend 25k for the decoration. Turn key business.
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No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 3447 Kennedy Road, Toronto E07, ON M1V 3S1
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 $99,000 in Toronto, the legal minimum down payment is $4,950 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 $715 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $715 also applies, bringing the total estimated land transfer taxes to $1,430.
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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.