878 Kingston Road, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of East End-Danforth. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $84,900 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
- Premium 18.41 x 100 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Turnkey cafe and bakery on Kingston Road in the Upper Beaches without standing rent and a great location on the sunny north side of the street.Currently operating at Black Dog Cafe and serving baked goods from their sister location Gerrard Street Bakery (also available), this is a lovely neighbourhood cafe with a strong following in the community.Full set up with an espresso machine, oven, refrigeration, and lots of prep area and production towards the rear of the unit.Very attractive lease rate of only $2,300 Gross Rent including TMI with 3 + 3 years remaining. 700 Sq Ft layout that is easy to manage with 200 amp power,tons of mixers and baking equipment, 1 turbo oven, and more. Seating for 10.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 878 Kingston Road, Toronto E02, ON M4E 1S3
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 $84,900 in Toronto, the legal minimum down payment is $4,245 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 $574 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $574 also applies, bringing the total estimated land transfer taxes to $1,148.
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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.