355 Pitfield Road, Toronto (Agincourt South-Malvern West) - Business for Sale
355 Pitfield Road, Toronto (Agincourt South-Malvern West), Ontario, M1S3E5
This business in Toronto is for sale offering roughly 950 sq ft of space.
Description
Excellent opportunity to own a thriving and well-established pizza business in the heart of Scarborough! This successful, non-franchise operation offers strong sales, consistent profitability, and exceptionally low rent of only $3,000/month. The spacious 1,900 sq. ft. premises, including a basement, features approved dine-in seating for 20 customers and is located in a high-traffic plaza surrounded by dense residential communities with convenient access to major highways.The business benefits from four school catering contracts and a loyal, repeat customer base, providing stable and reliable income throughout the year. The premises also include an LLBO liquor licence, creating additional revenue opportunities and enhancing the dine-in experience.This is a fully equipped, turnkey operation ideal for entrepreneurs looking to be their own boss or investors seeking a profitable business with immediate cash flow. With significant opportunities to expand catering services, delivery operations, online ordering platforms, menu offerings, and local marketing initiatives, the potential for future growth is substantial.A rare opportunity to acquire a successful business with an established reputation, proven performance, and excellent upside potential. Step into ownership and continue building on a strong foundation of success (id:66096)
Property Details
- MLS®
- E13685102
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Bathrooms
- 3
- Interior Size
- 950 ft²
- Building Area
- 950 ft²
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Listed
- 79 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 79 days on market, against an average age of 75 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 (Agincourt South-Malvern West) 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 (M1S)
This home lists at $125,000, about 1.5× the local median household income of $81,000.
Carrying it typically needs a household income of about $24,417 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $81,000
- Population
- 37,663
- Median age
- 44.4
- Owner / renter
- 75% / 25%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA M1S)
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$125,000
Toronto