4 Temperance Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Bay Street Corridor. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $175,000 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 water radiators heating
Description
Licensed Hospitality Space with Patio in the Heart of the Financial District. Located in the vibrant core of the Financial District, this renovated 810 sq. ft. space (plus 296 sq. ft. of licensed patio) presents a prime opportunity for experienced operators to bring their own brand and concept to one of the city's busiest commercial corridors. Featuring a modern, minimalist design and outfitted with custom stainless steel equipment, the space includes seating for 22 indoors and 20 on the patio. The fully licensed patio offers valuable seasonal revenue potential and high visibility in a high-foot-traffic area. With 4 years remaining on the current lease, this is an excellent chance to establish a new concept in a move-in-ready space. Please note: the existing brand name and intellectual property are not included in the sale.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 4 Temperance Street, Toronto C01, ON M5H 2T7
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 $175,000 in Toronto, the legal minimum down payment is $8,750 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 $1,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,475 also applies, bringing the total estimated land transfer taxes to $2,950.
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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.
