Welcome to this remarkable sale of business located in the coveted neighborhood of Bendale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $69,950 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.
It will be 'sort of' a passive income for you. With an input of dedicated time and effort, you will be able to expect a return of potentiality. This business had a net sales income of $150k per year for the consecutive period of time before their personal unavoidable condition had to turn the business into a low-intense operation. Ideal for One of the Three types of potention Owners. 1) One who has NO skill for whatsoever in any type of business and wants to operate something better than convenience store but with BETTER INCOME. 2) One who can fully contribute the business activity and boost the business. Current owner has just started never advertised for 6 years. And 3) One who has Alteration Skills can boost income for alteration. Current owner is outsourcing most of alteration orders to the factory. Very busy transaction in Superstore and all nearby on-going traffics. One and the only one Dry Cleaning Service in this area. Potential future customers from the multiple residential developments condos currently under construction. Everything will be transferred to the new owner. HWY 401, Major Plaza alongside. Tons of parkings in the plaza. Rent is only $750/m for ALL INCLUSIVE with TMI & Utility. The New owner will start the new set of the lease with Lobaws for 3 years term. Take this opportunity to takeover the successful business. Huge Potential with right buyer. Very secure and very safe business in Superstore. All Inventory & Chattels: Sewing & Obarque Machine, Hemming Machine, Printer for Receipt, Tag Machine, Refrigerator, Microwave, Ironing, Hanger, Wrapping Table, Phone, Conveyer System, Obaroch Machine.
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Data-driven valuation for 1755 Brimley Road, Toronto E09, ON M1P 0A3
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 Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $69,950 in Toronto, the legal minimum down payment is $3,498 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. Since the property is located in Toronto, a municipal land transfer tax of $425 also applies, bringing the total estimated land transfer taxes to $849.
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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.