2 St Clair Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Rosedale-Moore Park. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $185,000 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 underground garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Great opportunity to own famous retail franchise business "INS Market" located at the Midtown Core: Main floor in Yonge & St Clare Centre; Connect to Subway Station, TTC Stop, Short Hours, Easy Operation, Good Income: Sales $7,500-$8,000/week, Grocery portion 63%-65%, Grocery margin 40%-50%. Tobacco Portion: 35%-37%, Tobacco Margin 12%-15%, LottoCommission: $4,200-$4,500/Month, Excellent Low Rent:$4,294 + Hydro (approx $300/m) + HST, Good Lease. Remarkable N.O.I.(Net Operating Income) Amazing Walking traffic in a busy Indoor Shopping Plaza: Loblaws, Starbucks, Mac Donald's, Banks, Restaurants, Retail stores, Pharmacies, Fitness, More. Addition of Beer and Wine should be a great opportunity for theBuyer(new owner) to increase revenue remarkably.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 2 St Clair Avenue E, Toronto C09, ON M4T 2T5
Based on 0 recent similar sales in the pocket.
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 $185,000 in Toronto, the legal minimum down payment is $9,250 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 $1,575 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,575 also applies, bringing the total estimated land transfer taxes to $3,150.
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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.
