R007 - 300 BOROUGH DRIVE, Toronto (Bendale)

$149,000

For sale: Other

Other at R007 - 300 BOROUGH DRIVE, Toronto (Bendale)
Property type
Sale Of Business
MLS®
MLS® E13795442
Neighbourhood
Bendale

TURNKEY FRANCHISE OPPORTUNITY AT SCARBOROUGH TOWN CENTRE! Exceptional opportunity to acquire a newly established Malvon franchise ideally located in the prime food court at Scarborough Town Centre with High foot traffic near the subway mall entrance. Established in March 2026, the business is already experiencing strong sales growth, currently generating approximately $35,000/month in sales. Specializing in popular freshly baked empanadas and alfajores, this turnkey concept offers a simple and efficient operation. All products arrive frozen and are baked fresh daily, providing consistent quality with minimal preparation. The business can be efficiently operated by one person, making it an attractive opportunity for an owner-operator or investor. Currently operated as an absentee-owner business, there is significant opportunity for an active owner to further optimize operations. Based on current performance, owner-operator net profit is projected at over $100,000 annually. Excellent lease structure with 7 years remaining at $12,000/month, inclusive of TMI, HST, utilities and a dedicated storage room. Prime food court positioning offers excellent visibility and access to consistent mall traffic. Prime Scarborough Town Centre location. A rare turnkey opportunity to acquire a growing franchise in a premier shopping-centre location with a proven concept, streamlined operations and substantial upside for an owner-operator. Please do not speak to staff/customers (absent owner).

Sold data

Other homes in Toronto (Bendale) — recent sold market

Other homes in Toronto (Bendale) took a median of 32 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 89, 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 93 days.

The median sale price was $75,000.

Homes sold for about 7.3% below asking on average, so there was room to negotiate.

About 8% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
32
Median sale price
$75,000
Sale-to-list ratio
92.7%
Sold above asking
8%

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

Schools in Toronto (Bendale)

Toronto (Bendale) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Bendale)

  • Cottinghamelementary, TorontoFraser rating 10.0/10
  • High Park Alternativeelementary, TorontoFraser rating 10.0/10
  • Northmountelementary, TorontoFraser rating 10.0/10
  • Sathya Saielementary, TorontoFraser rating 10.0/10
  • St Michael's Choirsecondary, TorontoFraser rating 10.0/10
  • St Sebastianelementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near R007 - 300 BOROUGH DRIVE