461 Queen 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 $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
- Premium 15 x 40 ft lot size
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Well-established Chatime bubble tea franchise is located at 461 Queen St W, in the heart of Toronto's vibrant Queen West district. Toronto will host six FIFA World Cup 2026 matches. This may bring more traffic, more visitors, and better sales potential for downtown businesses. Now the subway is being built right beside it. This well-established store has been operating successfully for over 6 years and generates strong, consistent annual sales. Excellent opportunity to acquire a recognized global brand in one of the city's busiest retail corridors. The location benefits from heavy pedestrian traffic and is surrounded by popular restaurants, retail shops, entertainment venues, and dense residential communities. Affordable rent for a downtown location and a secure lease with renewal options provide stability for the next operator. Turnkey operation with established systems and a loyal customer base. Do not talk directly to the employee.
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Pricing & Value Insights
Data-driven valuation for 461 Queen Street W, Toronto C01, ON M5V 2A9
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.
