421 Dundas Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Kensington-Chinatown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $169,900 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
- Premium 75 x 150 ft lot size
- equipped with partial central cooling and highly efficient electric forced air heating
Description
Central Chinatown restaurant business for sale, high traffic area, maximum streel level exposure, fully new renovation very reasonable rent long lease until Dec 31, 2029. 1520 sq ft net area. Base rent $35/sqft. TMI - $21/sqft. presently paying gross rent approx $8,000/month included all TMI and HST. Tenant pay separate meter gas, hydro and water present gas $500/month. hydro approx $800/month. Full liquor LLBO license for 40 seats. Restaurant name: JAO-BAR AND GRILL presently operate as BBQ and Grill restaurant.
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Pricing & Value Insights
Data-driven valuation for 421 Dundas Street W G10, Toronto C01, ON M5T 1G7
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 $169,900 in Toronto, the legal minimum down payment is $8,495 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 $1,424 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,424 also applies, bringing the total estimated land transfer taxes to $2,848.
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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.
