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 $750,000 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, high-traffic Toronto plaza. This well-maintained unit is ready for immediate operation and presents a strong opportunity for an owner-operator seeking income potential in a proven commercial location. The business benefits from excellent street visibility, prominent signage, strong window appeal, and ample customer parking. It also enjoys consistent third-party delivery sales through major platforms, adding another valuable revenue stream. Equipment and chattels are in excellent condition and included in the purchase price, allowing for a smooth transition with minimal disruption. New ownership may continue the current concept or introduce a new restaurant model, offering flexibility for an operator looking to build on an established foundation. There is also the option to acquire the existing Royal Paan franchise or operate independently, subject to the purchaser's preferred business strategy. This is a rare chance to acquire a well-positioned business in a desirable Toronto food plaza with strong growth potential. Discreet inquiries only. Please do not approach the business directly or speak with employees or staff.
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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 $750,000 in Toronto, the legal minimum down payment is $50,000 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 $11,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,475 also applies, bringing the total estimated land transfer taxes to $22,950.
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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.
