$149,000
For sale: Other

Exceptional opportunity to own a well-established catering and shisha lounge business in a prime Scarborough location. This turnkey operation features two revenue streams with a dedicated takeout/catering area and a stylish shisha lounge. Situated on busy Kingston Road, surrounded by retail businesses with excellent exposure, steady foot traffic, repeat clientele, and access to major highways.The fully equipped premises include a commercial kitchen, dine-in seating, washrooms, and all essential equipment. Features approximately 25 outdoor patio seats and 60 basement lounge seats, making it ideal for dine-in, private events, and catering services. A fantastic opportunity for entrepreneurs or investors to own a thriving business with strong income potential and room for future growth.
Sold data
Homes in Scarborough Village took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 29, across 31 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 44 days.
The median sale price was $505,000.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 19% of sales closed above the list price.
Around 10% of sellers reduced their price before finding a buyer.
Based on 31 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Scarborough Village) 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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