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 $328,888 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.
LOCATION LOCATION LOCATION! *** Summer is just around the corner- start out with a bang ** Exceptional TURNKEY restaurant opportunity in the heart of Downtown Toronto. ***constant pedestrian traffic*** Prime high-traffic location steps from the University of Toronto and Toronto's vibrant Chinatown, benefiting from strong pedestrian traffic generated by students, faculty, residents, office workers, and visitors year-round. Features approximately 120 indoor seats plus a *** large OUTDOOR PATIO***, offering excellent capacity for dine-in service, private events, and group functions. ***LLBO*** licensed and fully equipped with a commercial kitchen, making it ideal for immediate operation. Strong demographic fundamentals, consistent customer traffic **Excellent visibility and accessibility, surrounded by dense residential communities, educational institutions, retail businesses, and major transit routes. The established layout and infrastructure provide a seamless transition for a new owner or the opportunity to introduce a new concept with minimal startup costs. Significant growth potential through catering, delivery, private events, corporate functions, and extended operating hours. A rare opportunity for owner-operators, restaurateurs, hospitality groups, or investors to acquire a high-capacity licensed restaurant with a large patio in one of Toronto's most sought-after dining destinations. Ample of parking around the area.
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Data-driven valuation for 5 Baldwin Street, Toronto, ON M5T 1L1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $328,888 in Toronto, the legal minimum down payment is $16,444 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 $3,408 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,408 also applies, bringing the total estimated land transfer taxes to $6,817.
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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.