85 McCaul Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Kensington-Chinatown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $175,000 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
- Convenient street garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Located steps from Dundas Street West and University Avenue, directly across from OCADUniversity and near the Art Gallery of Ontario. This prime, high-traffic location with strongpedestrian exposure and years-round activity. Well-established specialty cigars and tobaccobusiness with loyal clientele and strong reputation.Offering excellent upside to extend hours and grow revenue. Additional income from lotterysales.Attractive Rent is $2,500/month including net rent plus 60% TMI.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 85 McCaul Street N, Toronto C01, ON M5T 2W7
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 $175,000 in Toronto, the legal minimum down payment is $8,750 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 $1,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,475 also applies, bringing the total estimated land transfer taxes to $2,950.
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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.
