70 Belfield Road, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of West Humber-Clairville. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $335,000 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 2 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient radiant heating
Description
Well-established kitchen cabinet and woodworking business for sale, successfully operating from the same premises for over 20 years. Excellent opportunity to acquire a turn-key operation specializing in custom kitchen cabinets, closets, wall units, and vanities.Ideally located near Hwy 409 and Hwy 401, this highly accessible location offers great convenience for client visits, deliveries, and day-to-day operations. The business benefits from very affordable rent of only $6,100 + HST, including TMI.Over the years, the business has built strong relationships with multiple builders and regularly supplies bulk cabinetry and vanities for new residential developments. The facility is fully equipped with all required machinery, equipment, and inventory, including a professionally installed, city-approved spray booth, a rare and valuable feature for this industry.A well-designed showroom is also in place, featuring custom kitchen and bedroom displays to showcase the quality of work to clients. The premises further include two functional truck-level shipping and receiving docks for easy loading and receiving.All equipment, machinery, and inventory are included in the sale, making this a true turn-key business ready for immediate operation. The seller is retiring but is willing to stay on temporarily to provide training and introduce the buyer to existing clients for a smooth transition.Ideal for an entrepreneur looking to enter the industry or an existing operator wanting to expand. Sale of business only. Premises are leased and subject to landlord approval.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 70 Belfield Road 2, Toronto W10, ON M9W 1G3
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 $335,000 in Toronto, the legal minimum down payment is $16,750 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 $3,500 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $3,500 also applies, bringing the total estimated land transfer taxes to $7,000.
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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.
