4 Greenwood 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 $89,000 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 1 Bathroom
- Premium 110.58 x 54.69 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient water radiators heating
Description
Turnkey quick service restaurant (QSR) available in the heart of Leslieville and available for rebranding into a different concept, cuisine, or franchise. Very attractive lease rate of only$2,800 Gross Rent including TMI with 3 + 5 years remaining. This profitable business is operating limited hours only 4 days a week and still producing strong income on top of salary for ownership, with huge potential for expansion and increased operating hours. Easy to manage 359 Sq Ft layout that is run partially hands-off with minimal staff. Fully equipped with a 6-ft commercial hood plus a premium Fast Eddy's Cookshack smoker. Additional chimney outlet available if preferred for a different style of cooking equipment or concept conversion. Ideal for just about any QSR concept, cuisine, or franchise rebranding opportunity. Excellent corner location at Greenwood and Queen in the heart of Leslieville with strong neighbourhood traffic and a turnkey setup designed for efficient day-to-day operations. Great opportunity for an owner-operator looking for a compact, profitable, and easy-to-manage restaurant in one of Toronto's most popular east-end neighbourhoods.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4 Greenwood Avenue, Toronto E01, ON M4L 2P4
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 $89,000 in Toronto, the legal minimum down payment is $4,450 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 $615 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $615 also applies, bringing the total estimated land transfer taxes to $1,230.
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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.