Welcome to this remarkable sale of business located in the coveted neighborhood of Willowdale East. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $49,000 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.
Exceptional Business Opportunity at Yonge & Finch! Prime Corner Unit offering outstanding exposure with the rare advantage of two exterior signage opportunities facing both the South and West sides, maximizing visibility from multiple directions. Turn-key Beauty & Hair Salon located in one of North York's most sought-after commercial hubs, surrounded by strong pedestrian traffic and rapidly growing residential density. Tastefully renovated in 2021 and 2023, featuring a modern, inviting interior with a flexible layout suitable for a wide range of personal service businesses including Hair Salon, Beauty Spa, Medical Aesthetics, Massage Therapy, and more. Includes the rare bonus of 2 dedicated parking spaces. An ideal opportunity for owner-operators or investors looking to establish or expand their business in a high-exposure, high-traffic location.
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Data-driven valuation for 5505 Yonge Street 2nd Floor, Toronto, ON M2P 1N6
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 $49,000 in Toronto, the legal minimum down payment is $2,450 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 $245 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $245 also applies, bringing the total estimated land transfer taxes to $490.
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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.