$249,900
For sale: Other

An exceptional opportunity to acquire an established pizza restaurant in a highly visible corner location in Scarborough! Offering approximately 2,000 sq. ft. of space with seating for 20 guests, this well-positioned business benefits from excellent street exposure near the busy intersection of Lawrence Avenue East and Kingston Road. Surrounded by established residential communities, high-rise apartments, schools, and commercial businesses, the location offers access to a diverse customer base and steady area activity. The restaurant features an existing operating setup and reported strong sales, providing an attractive opportunity for an owner-operator or experienced restaurateur. Excellent potential to further develop the business, expand menu offerings, or introduce a new restaurant concept, subject to necessary approvals. An established lease with a 5-year renewal option adds long-term flexibility. A rare opportunity to secure a prominent restaurant location in one of Scarborough's established commercial corridors!
Sold data
Other homes in Toronto (West Hill) took a median of 41 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 113, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 90 days.
The median sale price was $75,000.
Homes sold for about 8.2% below asking on average, so there was room to negotiate.
About 11% of sales closed above the list price.
Around 19% 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 (West Hill) 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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