724 Mackenzie Avenue, Atikokan, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Atikokan. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $179,900 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 1 Bathroom
- Spacious lot size measured in Feet
- Features a yes basement, adding superb versatility for recreation, a home gym, or extra storage
- Notable attributes: Other
- equipped with yes central cooling and highly efficient other heating via gas
Description
Opportunity knocks in Atikokan with this turn-key drive-thru commercial property with large wood patio out front. Previously operated as a restaurant/coffee shop, this high-exposure location offers excellent potential for food service, beverage service, or other commercial uses subject to required approvals. The existing setup is well suited for an entrepreneur ready to step into an established format and build on prior operational success. Seller reports historically strong months of revenue during ownership.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 724 Mackenzie Avenue E, Atikokan, ON P0T 1C0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Atikokan, ON
For a property listed at $179,900 in Atikokan, the legal minimum down payment is $8,995 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 $1,524 for this transaction. As this listing is in Atikokan (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $1,524.
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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.
