1116 Wilson Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Downsview-Roding-CFB. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $149,000 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
- Convenient plaza garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Established convenience store business offering multiple revenue streams, including lottery, tobacco products, TTC services, fax and photocopy services, and phone card sales. Existing supplier agreements in place with major brands including Imperial Tobacco, RBH, JTI, JUUL, STLTH, Kretek, Coca-Cola (water products), and BBR (ice cream). Features a spacious basement providing ample storage and operational flexibility. Significant potential to further increase sales and expand business operations. Enhanced with a new 10-year Canada Post franchise agreement, offering long-term stability and additional income opportunities.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1116 Wilson Avenue, Toronto W05, ON M3M 1G0
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $149,000 in Toronto, the legal minimum down payment is $7,450 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 $1,215 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,215 also applies, bringing the total estimated land transfer taxes to $2,430.
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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.
