928 Bloor Street, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Dovercourt-Wallace Emerson-Junction. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $249,000 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
- Premium 21.41 x 120 ft lot size
- Convenient street garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Rare opportunity to acquire a well-established, high-performing restaurant and bar in one of Toronto's most vibrant, high-traffic areas. Supported by a strong, loyal customer base, this establishment is widely recognized for its exceptional service and outstanding community reputation. The property features a spectacular 400+ square foot covered patio, offering year-round curb appeal and significant additional seating, a major driver for revenue and customer experience. The premises also includes a full preparation area, chef's office, and extensive storage, providing a highly functional layout for efficient daily operations. Substantial upside potential exists to further scale revenue. Growth opportunities include introducing brunch or breakfast menu, hosting corporate events, expanding catering, and extending operating hours to maximize sales volume. This is a turnkey, easy-to-operate business, ideal for an owner-operator or family-run venture. The seller is committed to providing comprehensive training to ensure a smooth transition. Bonus: The property includes one dedicated parking space and a private bachelor unit with a separate rear entrance and washroom, perfect for owner-occupancy, staff accommodation, or additional storage.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 928 Bloor Street W, Toronto W02, ON M6H 1L4
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 $249,000 in Toronto, the legal minimum down payment is $12,450 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 $2,215 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,215 also applies, bringing the total estimated land transfer taxes to $4,430.
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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.
