$224,900
For sale: Other

Turn-Key Restaurant with a fully licensed LLBO permit. Located in a high-traffic area in the heart of Scarborough with excellent visibility. The space can be adapted to a wide range of cuisines and restaurants. All furniture and other equipment are included in the sale price,providing a turnkey solution for a buyer ready to step in and operate immediately Seating capacity of 92-96, 2-Party Rooms, 2 offices.Monthly Rent: $9,700 including TMI with water and Heat included.Current Lease 3+2-year: 3-year finishing in September 2026. An option to sign a new lease.Gross annual revenue approx $500,000 Tenants can put their own signboard. Plenty of outdoor Parking Available.This business presents a solid foundation with great potential for growth in a vibrant neighborhood. Don't Miss this Excellent Opportunity!
Sold data
Other homes in Toronto (Wexford-Maryvale) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Wexford-Maryvale) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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