The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
An outstanding opportunity to acquire a thriving, well-established jewelry business in the heart of downtown Milton, with easy access to Hwy 401. This business is a trusted name in the community, known for its legacy of quality, craftsmanship, and exceptional customer service. Boasting high visibility and steady foot traffic in one of Milton's busiest retail areas, surrounded by a high-density neighborhood, this turnkey operation is fully equipped with an elegant showroom, decent size vault, track lighting, shelving, custom cabinetry with display counters, two washrooms, a kitchen, and a shield-protected gate with access control. Ideal for an investor, established jeweler, a second location, or an entrepreneur looking to step into a profitable and reputable business. Excellent lease terms in place, expiring August 2028 with an option to renew for an additional five years. Current use is the retail sale of silver and gold jewelry with and without gemstones and the retail sale of wrist watches. Not allowed to buy gold from the public and/or exchange it. Other retail can be used, not permitted variety, sale of health and beauty aids, pharmacy, drug store, pharmaceutical dispensary, dentist, pizza, no foods use, coffee sale, hairdresser.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$262/mo
Mortgage (principal + interest)$262
Minimum $3,500 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$13,998
Ontario land transfer taxProvincial brackets, no first-time refund$425
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$17,223
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Milton has no municipal land transfer tax (Toronto does).
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
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