41 Lebovic Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable commercial retail located in the coveted neighborhood of Clairlea-Birchmount. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $1,099,000 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
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Excellent Opportunity to Own a Turn-Key Food Business in a Rapidly Growing Toronto PlazaWell-maintained and ready-to-operate unit, ideal for an owner-operator looking for strong income potential.This business is located in a high-traffic, rapidly growing food plaza in Toronto. The equipment and chattels are in excellent condition and are included in the purchase price. The location benefits from strong third-party delivery sales (Uber Eats, SkipTheDishes, and DoorDash), ample parking, highly visible signage, and excellent window appeal.The business is in excellent condition and ready to go. New owners have the flexibility to continue the current concept or start their own restaurant. There is also an option to purchase the existing Royal Paan franchise or operate independently with no restrictions.Please be discreet - Do not approach the business directly or speak to the employees or staff.This is a rare opportunity to acquire a successful business in a prime food plaza location and build on its established success.
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Pricing & Value Insights
Data-driven valuation for 41 Lebovic Avenue A119-A120, Toronto E04, ON M1L 0H2
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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 $1,099,000 in Toronto, the legal minimum down payment is $219,800 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 $18,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,455 also applies, bringing the total estimated land transfer taxes to $36,910.
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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.
