700 Kipling Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Islington-City Centre West. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $849,000 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 3 Bathrooms
- Premium 352.85 x 363 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Tee Up Social is one of Toronto's premier indoor golf simulator lounges, offering a top-tier experience for golf enthusiasts year-round. With seven fully equipped simulator bays and an eighth ready to launch, the business combines cutting-edge technology with comfort and style.As a licensed venue complete with a bar and kitchen, Tee Up Social is the ideal destination for parties, events, and corporate gatherings. The operation adapts seasonally, running as a full-service venue during the winter and transitioning to an automated model in the summer months. This smart, seasonal structure allows for a hands-off approach during the warmer season, significantly reducing operating costs by eliminating the need for staff while still generating revenue. The business boasts excellent net operating income and a loyal customer base that values the high-end experience. Located in a high-traffic area with plenty of parking and a highly favorable lease at just $18,000 gross (including TMI, hydro, gas, and water), this is a rare turnkey opportunity. With 2 + 5 + 5 years remaining on the lease and premium equipment already in place, Tee Up Social is perfectly positioned for an owner-operator or investor looking for a profitable, low-maintenance venture in the sports and entertainment space.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 700 Kipling Avenue 1200, Toronto W08, ON M8Z 5G3
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 $849,000 in Toronto, the legal minimum down payment is $59,900 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 $13,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,455 also applies, bringing the total estimated land transfer taxes to $26,910.
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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.
