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.
10+ Years of Continuous Operations - Established in 2015, this business has built a loyal customer base and strong reputation in the GTA. The seller is retiring, offering a rare opportunity to acquire a turnkey operation. Beautiful and bright 2,012 sq. ft. showroom; lease term until July 31, 2027 with another three years renew options. Two Streams of Revenue: 1. Flooring Division (Showroom Based): - Fully stocked showroom featuring engineered hardwood, luxury vinyl plank (LVP), and complementary flooring products. - established supplier relationships across the supply chain. - Display inventory and samples included 2. Renovation Division: - Full-service residential renovation capabilities. - Expanding product lines include: Smart toilets and bidets; Smart doorbells and home security integration; Kitchen cabinets and millwork; Bathroom vanities and fixtures; - Commercial renovation projects also serviced (select clientele) Growing Smart Home Product Line - Positioned for the growing demand in home automation and smart technology integration. FINANCIAL & OPERATIONAL: - Profitable Operations - Verified financials available to qualified buyers upon signing a Confidentiality Agreement. - Lease in Place - Commercial unit in high-traffic Beaver Creek Business Park; - Inventory valued at approximately $50,000(at cost), including all showroom flooring samples, display units, and etc. - Equipment Included - Office furniture, shelving, display racks, computer systems, and renovation tools/equipment (Equipment list will be provide for qualified buyers); - Training/Transition Support - Seller willing to provide Two weeks reasonable training period to ensure smooth handover; FINANCING AVAILABLE: VENDOR FINANCING may be available for qualified buyer. Terms to be discussed upon conditional agreement. The seller has spent a decade building supplier relationships, customer trust, and operational systems.
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
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$610/mo
Mortgage (principal + interest)$0
Property taxFrom listing: $7,314/yr$610
Minimum $1 down for this price; the slider moves in whole percent, starting at 50%. 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 payment50% of the list price$1
Ontario land transfer taxProvincial brackets, no first-time refund$0
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$2,801
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Richmond Hill 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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