355 Pitfield Road, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Agincourt South-Malvern West. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $189,000 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 3 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient electric forced air heating
Description
Excellent opportunity to own a thriving and well-established pizza business in the heart of Scarborough! This successful, non-franchise operation offers strong sales, consistent profitability, and exceptionally low rent of only $3,000/month. The spacious 1,900 sq. ft. premises, including a basement, features approved dine-in seating for 20 customers and is located in a high-traffic plaza surrounded by dense residential communities with convenient access to major highways.The business benefits from four school catering contracts and a loyal, repeat customer base, providing stable and reliable income throughout the year. The premises also include an LLBO liquor licence, creating additional revenue opportunities and enhancing the dine-in experience.This is a fully equipped, turnkey operation ideal for entrepreneurs looking to be their own boss or investors seeking a profitable business with immediate cash flow. With significant opportunities to expand catering services, delivery operations, online ordering platforms, menu offerings, and local marketing initiatives, the potential for future growth is substantial.A rare opportunity to acquire a successful business with an established reputation, proven performance, and excellent upside potential. Step into ownership and continue building on a strong foundation of success.(40832981)
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 355 Pitfield Road, Toronto E07, ON M1S 3E5
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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 $189,000 in Toronto, the legal minimum down payment is $9,450 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 $1,615 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,615 also applies, bringing the total estimated land transfer taxes to $3,230.
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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.
