41 Lebovic Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Clairlea-Birchmount. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $80,000 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
Rare Opportunity of Sale of Food Business 823 SQFT (Rentable Area) with Chattels in the Food Court of Renowned One Centre Plaza (Lebovic) in Prime Commercial Area in Scarborough. Located at Rapidly Growing Food Plaza in a High-Traffic Area at Highly Sought after Location of Warden Ave & Eglinton Ave E. One of Scarborough's busiest retail hubs with Ample Parking and Excellent Exposure. Vibrant Area With Great Tenants Include D-Spot, Affy's Premium Grill, Chachi's Chai, Karachi Express, Chaiiwala of London, Pizza Karachi, Oodles Wok, Burger Alley, Coco, Food Court Outlets, Professional & Medical Offices including Dental Office and Insurance Offices. This property is surrounded by major retailers like Walmart, Canadian Tire, Lowes, RONA, Cineplex, national banks, and is Steps to the new Eglinton Crosstown LRT. Positioned in a rapidly growing area with over 35,000 new residential units planned, this is an ideal opportunity for retailers, investors, entrepreneurs, and professionals seeking high visibility, steady foot traffic, and long-term growth potential. Once Centre Plaza is the Destination Hub & Office Location For Customers & Professionals surrounded by Ontario Court Houses, Banks, Grocery, Clothing & Hardware Stores, and Entertainment Centers. Few Minutes Drive to Highways Highways 401 & DVP.
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Pricing & Value Insights
Data-driven valuation for 41 Lebovic Avenue A124, Toronto E04, ON M1L 0H2
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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 $80,000 in Toronto, the legal minimum down payment is $4,000 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 $525 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $525 also applies, bringing the total estimated land transfer taxes to $1,050.
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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.
