86 Melford Drive, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Malvern. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $60,000 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 1 Bathroom
- Premium 17 x 100 ft lot size
- equipped with no central cooling and highly efficient gas forced air open heating
Description
"Turnkey Cabinet Manufacturing Business | $60K | Low Rent | GTA" Turnkey Custom Cabinet & Millwork Business for Sale! Rare opportunity to own a fully equipped cabinet manufacturing operation in Toronto for only $60,000. Affordable all-inclusive rent of just $3,200/month. Industrial units permitting woodworking and spray painting are increasingly difficult to find in the GTA, making this an exceptional value. *****Business specializes in custom kitchen cabinets, vanities, closets, wardrobes, wall units, and millwork. All equipment included. Owner willing to train and assist with transition, including introductions to suppliers and key industry contacts. Financing may be available. ***** Functional space features high ceilings, drive-in shipping door, front and rear access, and 3 dedicated parking spaces with overnight parking permitted. Excellent central location with quick access to Hwy 401 and Neilson Rd. Ideal for entrepreneurs, contractors, cabinet makers, or those looking to expand an existing operation. *****Priced to sell. Turnkey opportunities with affordable rent, permitted woodworking/painting use, financing options, and a prime GTA location are extremely rare. Don't miss this opportunity.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 86 Melford Drive Unit 9, Toronto E11, ON M1B 2X7
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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 $60,000 in Toronto, the legal minimum down payment is $3,000 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 $325 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $325 also applies, bringing the total estimated land transfer taxes to $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.
