407A Bloor Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of North St. James Town. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $199,000 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
Exceptional Turnkey Restaurant Opportunity Offering A Rare Combination Of Prime Bloor Street Location, Attractive Asking Price, Competitive Rent And Strong Growth Potential. Positioned Directly Between Tim Hortons And McDonald's On The Busy Bloor Street East Corridor With Exposure To Approx. 15,000-20,000 Vehicles Daily And Thousands Of Pedestrians. Steps To Sherbourne Subway Station And Surrounded By The Extremely Dense St. James Town Community Featuring Over 19 Residential Towers And 17,000+ Residents Within Walking Distance. Short Walk To Georgian College At ILAC and Trios College Bringing Thousands Of Students To The Area Year-Round And Creating Strong Demand For Take-Out And Casual Dining. Located In A Proven Food Corridor With Consistent Lunch, Evening And Late-Night Traffic. Recently Renovated With All Equipment In Great Condition. The Buyer Can Continue The Current Concept And Branding Or Easily Convert The Space To Another Food Concept. With A Strong Established Customer Base And Competitive Rent Of $7,290 Including TMI and Hst, This Turnkey Operation Presents An Excellent Opportunity For Entrepreneurs Seeking A Profitable Business In A High-Demand Downtown Location With Significant Upside Potential.
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Pricing & Value Insights
Data-driven valuation for 407A Bloor Street E, Toronto C08, ON M4W 3T2
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 $199,000 in Toronto, the legal minimum down payment is $9,950 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 $1,715 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,715 also applies, bringing the total estimated land transfer taxes to $3,430.
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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.
