348 Broadview Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of South Riverdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $60,000 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
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Excellent opportunity to acquire a well-established and profitable Japanese restaurant located at 348 Broadview Ave, situated in a vibrant and high-traffic area with strong residential and commercial presence. This popular **Sushi Bar** has built a solid reputation in the neighbourhood and continues to operate successfully with a loyal customer base.The restaurant features a cozy and efficient dining space with **25 seats**, creating an inviting atmosphere for dine-in guests while also supporting steady takeout and delivery business.The total space is approximately **1,500 sq ft**, consisting of **1,350 sq ft on the main floor dining and kitchen area**, plus an additional **150 sq ft basement space** currently used for storage, providing convenient extra capacity for supplies and inventory.This is a turn-key operation ideal for experienced restaurateurs or entrepreneurs looking to enter the thriving Japanese dining market. With its strong location, manageable size, and established business presence, this restaurant represents a fantastic investment opportunity.Don't miss the chance to takeover a well-running Japanese restaurant in a prime Toronto location.
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Pricing & Value Insights
Data-driven valuation for 348 Broadview Avenue, Toronto E01, ON M4M 2H1
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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 $60,000 in Toronto, the legal minimum down payment is $3,000 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 $325 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $325 also applies, bringing the total estimated land transfer taxes to $650.
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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.
