#1 1550 Kingston Road, Pickering (Town Centre) - Business for Sale
#1 1550 Kingston Road, Pickering (Town Centre), Ontario, L1V6W9
This business in Pickering is for sale offering roughly 5,700 sq ft of space.
Description
Prime Opportunity: Pure Vegetarian Indian Restaurant for Sale in PickeringLocated at the highly sought-after intersection of Kingston Road and Valley Farm, this well-established pure vegetarian Indian restaurant offers exceptional visibility in a high-traffic retail area. The location benefits from prominent signage, strong footfall, and convenient access to Highway 401 via Liverpool Road, making it easily accessible for both dine-in and takeout customers.The restaurant features a spacious and well-maintained interior with seating for approximately 70 guests, complemented by an additional 40-seat patio-ideal for seasonal dining and increased revenue potential. A fully equipped commercial kitchen includes a 20-foot hood, suitable for a wide range of culinary operations.An added highlight is the dedicated banquet space, perfect for hosting small parties, private events, and community gatherings-creating an additional income stream.This is a turnkey opportunity for restaurateurs looking to step into a growing market with an established concept in a prime location. (id:66096)
Property Details
- MLS®
- E13574682
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Retail commerical
- Interior Size
- 5,700 ft²
- Lot Size
- 5,700 sq ft (0.13 ac)
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 111 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 111 days on market, against an average age of 36 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 98.6 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 $975,000, about 8.3× the local median household income of $118,000.
Carrying it typically needs a household income of about $190,452 (20% down, 25-yr amortization, stress-tested) — roughly 61% above 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)
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$975,000
Pickering