551 Bloor Street, Toronto, ON
Property Highlights
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 $699,000 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
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Turnkey Profitable Shelby's Legendary Shawarma Franchise Store For Sale - One Of The Top Middle Eastern Shawarma Food Franchises For Sale In Toronto. This Well-Established Store Is Situated In Prestigious Location - In A Very Strong High-Traffic Stretch Of The Annex / Bloor-Bathurst Corridor, One Of Toronto's Busiest Mixed-Use Neighborhoods. It's A Prime Commercial Area With Excellent Pedestrian Traffic, Strong TTC Access, Nearby Universities (A Strong Student Population), And Dense Residential Surroundings. Ensuring Great Visibility And High Foot Traffic. It Offers Consistent Sales, Is Easy To Operate With Full Franchise Support, And Is Ideal For Owner-Operators, Looking For A Profitable And Reputable Brand Opportunity. Unbeatable Location. Key Highlights: Prime Location: A Popular Spot For Middle Eastern Cuisine. Strong Financial Performance: Annual Sales: Approx. Net Sales $1.8 Million (And Growing) Rent: Approx. $7,903.50/Month Inc. TMI Lease: Current Lease Long Term Till 2033 + 5 + 5 Years Royalty Fee: 6% Advertising Fee: 2%. Store Area: Approx. 1100 Sq. Ft. Full Training Will Be Provided To The New Buyer. Don't Miss This Opportunity!
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Pricing & Value Insights
Data-driven valuation for 551 Bloor Street W, Toronto C01, ON M5S 1Y6
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 $699,000 in Toronto, the legal minimum down payment is $44,900 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 $10,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,455 also applies, bringing the total estimated land transfer taxes to $20,910.
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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.
