10501 Weston Road, Vaughan, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Vellore Village. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $349,000 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 2 Bathrooms
- Spacious lot size measured in Feet
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Established and fully operating speciality grocery business with a brick-oven bakery with deli/butcher option available w/ walk-in cooler/multiple freezer/fridges available for sale in a prime Vaughan location. This market is a well-known Mediterranean/international market situated on busy Weston Rd with strong visibility, consistent customer traffic, and ample parking. Serving a loyal and growing community, this turnkey operation offers a wide selection of imported products, fresh groceries, baked goods, dairy, frozen foods, and speciality items catering to diverse clientele. Clean and well-maintained interior with functional layout, shelving, refrigeration, and equipment included. Excellent opportunity for owner-operators or investors, rebranding, hot-table options with other Restaurant or cuisine flavours concepts available upon landlord approval - Located in a high-density residential area surrounded by homes, schools, and everyday amenities with convenient access to Hwy 400 and major routes. Please do not go direct or speak to staff. 5 + 5-year term on lease, $8200 including TMI/HST, very healthy annual gross revenue sales. *TAXES YET TO BE*
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Pricing & Value Insights
Data-driven valuation for 10501 Weston Road 7-8, Vaughan, ON L4H 4G8
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Vaughan, ON
For a property listed at $349,000 in Vaughan, the legal minimum down payment is $17,450 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 $3,710 for this transaction. As this listing is in Vaughan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $3,710.
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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.