112 Basaltic Road, Vaughan, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Concord. 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 2 Bathrooms
- Premium 50 x 55 ft lot size
- Convenient outside/surface garage included
- equipped with partial central cooling and highly efficient gas forced air open heating
Description
Assets Sale - Turn Key operation. Great opportunity to own and operate a stone fabrication shop from this efficient set up, working with quartz, porcelain, granite, marble and other natural stones to create customized pieces. Offering an established operation specializing in the fabrication and installation of countertops, fireplaces, flooring, bathrooms, and kitchens. The assets and equipment are currently installed and operating from a premium corner unit with high street exposure, located in Concord, ON. Conveniently located around Keele & Langstaff with easy access to 407, Hwy 7 and many suppliers in the industry. Lease Term of 5 years + 5 years (new agreement directly with the landlord) Current Monthly Rent with TMI: $4,900 + HST
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 112 Basaltic Road 1, Vaughan, ON L4K 1G6
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 Vaughan, ON
For a property listed at $60,000 in Vaughan, 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. 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 $325.
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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.