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.
A Great Opportunity To Own A Well-Established Vietnamese Restaurant With A Loyal Customer BaseIn A High-Exposure Location. Surrounded By Major New Condominium Developments, Big-Box Retailers, And A Dense, Multicultural Residential And Commercial Community, This Turnkey Business Offers Strong Income Potential And Significant Room For Growth. The 45-Seat Restaurant Features A Fully Equipped Commercial Kitchen With A Walk-In Fridge, A Walk-In Cooler, And Private Rear Laneway Access. No Use Restrictions, Make It Ideal For RebrandingInto Any Cuisine, Concept, Or Franchise. With An Efficient Layout And Proven Menu, It'sPerfectly Suited For Owner-Operators Or Family-Run Ventures. A Brand New Lease Can Be Arranged With The Landlord, Or Buyers May Choose To Purchase The Building For $1,388, 000 And Enjoy A Rare Live/Work Setup That Includes A Spacious Two-Bedroom Apartment Above, A Large PrivateDeck, And Two Outdoor Surface Parking Spaces. This Is A Rare Chance To Be Your Own Boss, Run AThriving Restaurant, And Live On-Site In One Of Toronto's Most Dynamic And Rapidly Growing Neighbourhoods.
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Age Groups
Age group data is not available.
Owners vs Renters
Ownership data is not available.
Household Type
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What’s NearbyDistances approximate
No nearby school data is available for this listing.
Transit score information is not available for this listing.
Nearby everyday places are not available for this listing.
Always confirm school catchments with the local school board.
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$1,303/mo
Mortgage (principal + interest)$412
Property taxFrom listing: $10,696/yr$891
Minimum $5,500 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$22,000
Ontario land transfer taxProvincial brackets, no first-time refund$825
Toronto land transfer taxMunicipal brackets, no first-time refund$825
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$26,450
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
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.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
