1-878 Weber Street, Waterloo, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Waterloo. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $135,000 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
- Spacious lot size measured in Feet
- equipped with no central cooling and highly efficient none heating
Description
Be your own boss, no need to answer to anyone: Retail plus wholesale business. About 180 working days per year, the rest of the time is quite relaxed, and the income is considerable. During the six months when business is slower, you can take on part-time work to earn extra income. The market outlook is broad with strong growth potential. For personal reasons, the business is reluctantly for sale. Retail Business: Licensed booths at three well-known tourist attractions around Toronto, selling various souvenirs and childrens products. Operating season is from April to November each year, on Tuesdays, Thursdays, Saturdays, and Sundays, at different locations. Annual net income: $50,000. Asking price: $65,000. Import & Wholesale Business: Imports a variety of jewelry and novelty items targeted at young people, wholesales to the general gift market, souvenir shops, and tourism markets. Stable customer base with many long-term clients. Annual net income: $50,000. Asking price: $70,000. Combined Package: Both businesses together for $135,000. Investment is not large, with a return in about one to one and a half years, and virtually no risk. Easy to learn, training can be provided. A rare opportunity not to be missed.
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Pricing & Value Insights
Data-driven valuation for 1-878 Weber Street N, Waterloo, ON N2V 0H2
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About Purchasing a Home in Waterloo, ON
For a property listed at $135,000 in Waterloo, the legal minimum down payment is $6,750 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 $1,075 for this transaction. As this listing is in Waterloo (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,075.
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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.