#1 3406 Kingston Road, Toronto (Scarborough Village) - Business for Sale
#1 3406 Kingston Road, Toronto (Scarborough Village), Ontario, M1M3S1
Description
Exceptional opportunity to own a well-established catering and shisha lounge business in a prime Scarborough location. This turnkey operation features two revenue streams with a dedicated takeout/catering area and a stylish shisha lounge. Situated on busy Kingston Road, surrounded by retail businesses with excellent exposure, steady foot traffic, repeat clientele, and access to major highways.The fully equipped premises include a commercial kitchen, dine-in seating, washrooms, and all essential equipment. Features approximately 25 outdoor patio seats and 60 basement lounge seats, making it ideal for dine-in, private events, and catering services. A fantastic opportunity for entrepreneurs or investors to own a thriving business with strong income potential and room for future growth. (id:66096)
Property Details
- MLS®
- E13513750
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 125 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 125 days on market, against an average age of 49 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 (Scarborough Village) 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 (M1M)
This home lists at $149,000, about 1.7× the local median household income of $87,000.
Carrying it typically needs a household income of about $29,105 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $87,000
- Population
- 23,258
- Median age
- 44.4
- Owner / renter
- 63% / 37%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA M1M)
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$149,000
Toronto