1738A Lawrence Avenue East, Toronto (Wexford-Maryvale) - Business for Sale
1738A Lawrence Avenue East, Toronto (Wexford-Maryvale), Ontario, M1R2Y1
This business in Toronto is for sale offering roughly 1,000 sq ft of space.
Description
Exceptional opportunity to own a fully equipped south Asian restaurant in a prime Scarborough location at 1738A Lawrence Ave E. Situated in a busy commercial plaza with excellent visibility, high daily traffic, strong neighboring businesses, and ample customer parking. This turnkey restaurant features a fully equipped commercial kitchen, spacious dining area, and all equipment required to continue operations. Currently operating as a popular Bangladeshi restaurant with a loyal clientele, the space also offers excellent flexibility for a new owner to continue the existing concept or introduce their own restaurant brand and cuisine. Strong potential to grow sales through catering, takeout, delivery services, and expanded marketing. An excellent opportunity for owner-operators, restaurateurs, or investors looking to establish or expand their presence in Scarborough's thriving food scene.Water tank is rental (id:66096)
Property Details
- MLS®
- E13541390
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial/Retail
- Bathrooms
- 1
- Interior Size
- 1,000 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 119 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 119 days on market, against an average age of 46 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 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Wexford-Maryvale) 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 (M1R)
This home lists at $120,000, about 1.5× the local median household income of $81,000.
Carrying it typically needs a household income of about $23,440 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 30,467
- Median age
- 41.2
- Owner / renter
- 56% / 44%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA M1R)
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$120,000
Toronto