Welcome to this remarkable sale of business located in the coveted neighborhood of University. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $149,900 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.
Exceptional Turn-Key Hospitality Business in Prime Downtown Location! 2200 sqft FlyMood Lounge & Kitchen is a highly unique, airplane-themed café and lounge located in the heart of Toronto's vibrant Annex/Koreatown corridor on Bloor Street West. This unit is fully built-out, turn-key operation offers a one-of-a-kind experiential dining concept that has quickly become a local destination for coffee, desserts, and social gatherings.Featuring a stylish, immersive interior design with strong branding appeal, the space attracts steady foot traffic from nearby residential buildings, universities, and transit hubs. The business offers a diverse menu of specialty coffees, desserts, and lounge-style food items, making it suitable for both daytime café service and evening lounge operations.Strategically positioned in a high-density, high-exposure area surrounded by strong retail, residential, and cultural activity, this location benefits from consistent walk-in clientele and strong online/social media presence.Ideal opportunity for an owner-operator or investor looking to acquire a fully operational hospitality venue with strong concept branding and growth potential.Buyer to assume existing business and verify all financials, zoning, and permitted uses.
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Data-driven valuation for 533 Bloor Street W, Toronto C01, ON M5S 1Y5
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 $149,900 in Toronto, the legal minimum down payment is $7,495 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 $1,224 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,224 also applies, bringing the total estimated land transfer taxes to $2,448.
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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.