Welcome to this remarkable sale of business located in the coveted neighborhood of 878 - Sugarloaf. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $510,000 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.
Jasmine's Variety - Rare Opportunity to Own Business & Property! No Franchise Fees and no long-term lease concerns.. Located in the heart of Port Colborne, this well-established convenience store has been successfully operated over 21 years. Annual store sales are approximately $300,000 (excluding Lotto), with seasonal flower sales exceeding $20,000 annually and strong profit margins. Lotto commission is approximately $32,000 per year, Additional income is generated through Bitcoin and ATM commissions, helping offset other operating expenses. The property features over 2,000 sq. ft. of retail space and 8 parking spaces. Excellent growth potential by adding Vape products, U-Haul, courier services, MoneyGram, and other complementary services. Ideal opportunity for an owner-operator, family business, or investor seeking a profitable operation with multiple income streams. Don't miss this exceptional opportunity.
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Data-driven valuation for 87 Kent Street, Port Colborne, ON L3K 2Z6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Port Colborne.
About Purchasing a Home in Port Colborne, ON
For a property listed at $510,000 in Port Colborne, the legal minimum down payment is $26,000 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 $6,675 for this transaction. As this listing is in Port Colborne (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $6,675.
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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.