7398 Yonge Street, Vaughan, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Crestwood-Springfarm-Yorkhill. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $29,900 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 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Turnkey Vape Shop in Prime Thornhill Location! Step into ownership with this thriving, high-visibility vape shop perfectly situated on bustling Yonge Street in the heart of Thornhill. Surrounded by steady foot traffic and anchored in the well-known HSBC plaza, this established business boasts a strong, loyal customer base and consistent monthly sales of $8,000-$9,000 - with even more upside thanks to a new loyalty program and added delivery service through the Fantuan app. Offering a wide range of products including vapes, e-cigarettes, shisha, pipes, and more, this shop benefits from excellent profit margins and a simple, streamlined operation that can be run by just one person. Open 7 days a week from 9:30 AM to 11 PM, the business maximizes revenue potential with extended hours. Affordable rent of $2,938/month includes TMI, HST, and utilities, making this an attractive and manageable investment. Secure lease with 3.5 years remaining plus a 5-year renewal option. A fantastic opportunity to own a profitable, easy-to-run business in a sought-after location-be your own boss and capitalize on a growing market! Motivated seller - try an offer!
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Pricing & Value Insights
Data-driven valuation for 7398 Yonge Street 7D, Vaughan, ON L4J 8J2
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About Purchasing a Home in Vaughan, ON
For a property listed at $29,900 in Vaughan, the legal minimum down payment is $1,495 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 $150 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 $150.
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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.