1635 Sismet Road, Mississauga, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Northeast. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $70,000 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 35 x 68 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 unit with street exposure. Showroom and bathroom on main floor and Mezzanine has 2 offices, closet and bathroom. Truck Level door can be changed to a Drive in Door. Metal ramp included. Conveniently located around 401 and Dixie with easy access to the 401, 410 and 427. Lease Term of 5 years + 5 years (new agreement directly with the landlord) Current Monthly Rent with TMI: $5,200 + HST
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 1635 Sismet Road Unit 8, Mississauga, ON L4W 1W5
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Mississauga, ON
For a property listed at $70,000 in Mississauga, the legal minimum down payment is $3,500 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 $425 for this transaction. As this listing is in Mississauga (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $425.
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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.
