$149,900
For sale: Other

Excellent opportunity to own a well-established and profitable 241 Pizza business in the heart of Scarborough, ideally located at the busy intersection of Eglinton Avenue East and Kennedy Road.Surrounded by a vibrant residential neighborhood, close to schools, parks, the Toronto Public Library, and Kennedy GO Station, with the new LRT station right at the doorstep, this location offers outstanding visibility and steady foot traffic.The store features very low rent and a long lease, providing excellent stability for the new owner. Recently renovated with the latest franchisor design, over $100,000 has been invested in upgrades, giving the store a modern and attractive look.This business offers great growth potential by expanding catering services and extending operating hours. It is easy to manage, with full training and ongoing support provided by the franchisor, along with low flat fees for royalties and advertising. With low food costs and high profit margins, it is an ideal opportunity for a family-run operation, owner-operator, or investor seeking a stable and rewarding business in a high-demand area.
Sold data
Other homes in Toronto (Ionview) 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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 (Ionview) 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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