633 Bloor Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Palmerston-Little Italy. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $390,000 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 1 x 1 ft lot size
- Convenient street garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
An exceptional opportunity to own a highly profitable, turn-key Kung Fu Tea business located in Downtown Toronto on busy Bloor Street, a vibrant corridor known for heavy pedestrian traffic, strong student presence, and late-night activity. This established location benefits from excellent online reviews, a loyal repeat customer base, and popular menu offerings that drive consistent sales throughout the day and evening. Fully built-out with branded systems, equipment, and an easy-to operate setup, this is a true plug-and-play operation. Featuring affordable rent and a long lease term, it offers stability and strong upside potential in Toronto's growing bubble tea market, with the flexibility for a new owner to consider converting the space to a different concept.
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Pricing & Value Insights
Data-driven valuation for 633 Bloor Street W, Toronto C01, ON M6G 1K8
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 $390,000 in Toronto, the legal minimum down payment is $19,500 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 $4,325 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,325 also applies, bringing the total estimated land transfer taxes to $8,650.
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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.
