#1 5487 Dundas Street West, Toronto (Islington-City Centre West) - Business for Sale
#1 5487 Dundas Street West, Toronto (Islington-City Centre West), Ontario, M9B1B5
This business in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 27 days, fresher than the Toronto average of 56 days.
Description
LONZO'S is a well-established Profitable Franchise Restaurant business for sale, ideally located in a high-traffic area at the corner of Dundas Street and Shorncliffe Road. The business benefits from excellent visibility and steady customer flow, with close proximity to the subway and numerous condominium buildings. The restaurant generated approximately $500,000 in sales in 2025 and achieved a net profit of approximately $90,000. The operation is currently supported by four employees, and a long-term lease is in place, offering stability and peace of mind for a new owner. This is an excellent opportunity for a family-run business, an owner-operator, or an investor looking to enter or expand within the restaurant industry. Financial figures are provided by the seller and should be independently verified by prospective buyers. (id:66096)
Property Details
- MLS®
- W13883216
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 750 ft²
- Heating
- Forced air, Natural gas
- Cooling
- None
- Listed
- 27 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 27 days on market, against an average age of 56 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 (Islington-City Centre West) has been listed for 27 days, which is 29 days fresher than the city average of 56. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M9B)
This home lists at $135,000, about 1.3× the local median household income of $108,000.
Carrying it typically needs a household income of about $26,370 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $108,000
- Population
- 33,236
- Median age
- 42
- Owner / renter
- 74% / 26%
- Avg. household size
- 2.6
Source: Statistics Canada, 2021 Census (FSA M9B)
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$135,000
Toronto