$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
Other homes in Toronto (Scarborough Village) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 (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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