#1 1450 Kingston Road, Pickering (Town Centre) - Business for Sale
#1 1450 Kingston Road, Pickering (Town Centre), Ontario, L1V1C1
This business in Pickering is for sale offering roughly 4,500 sq ft of space.
Description
Exceptional opportunity to acquire a highly visible, fully built-out restaurant in a thriving Pickering location. This turnkey space offers an excellent platform for an experienced operator or new concept, with significant potential to expand revenue through catering, takeout, online delivery, corporate orders, private events, and large-format dining. The spacious and flexible layout features a generous dining area ideal for celebrations, private functions, and corporate events, along with an outdoor patio providing additional seating capacity and an inviting seasonal atmosphere. Ample on-site parking and strong exposure to consistent traffic further enhance the location. Ideally situated near established residential neighbourhoods and a strong concentration of commercial businesses, the restaurant benefits from a diverse surrounding customer base and continued growth in the area. An excellent opportunity to modernize the existing concept, introduce a fresh new brand, strengthen off-premise sales, and capitalize on catering and event-driven revenue. A rare chance to take over an established restaurant space and build upon its potential in one of Pickering's active and growing commercial corridors. (id:66096)
Property Details
- MLS®
- E13762970
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- C5
- Interior Size
- 4,500 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $8,646.5/yr
- Listed
- 56 days ago
Features
- Appliances
- Range, Oven, Microwave, Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 56 days on market, against an average age of 37 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 30 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 98.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This business in Pickering (Town Centre) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (L1V)
This home lists at $219,500, about 1.9× the local median household income of $118,000.
Carrying it typically needs a household income of about $42,876 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $118,000
- Population
- 52,787
- Median age
- 42
- Owner / renter
- 86% / 14%
- Avg. household size
- 2.9
Source: Statistics Canada, 2021 Census (FSA L1V)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$219,500
Pickering