#104 2240 Lake Shore Boulevard West, Toronto (Mimico) - Business for Sale
#104 2240 Lake Shore Boulevard West, Toronto (Mimico), Ontario, M8V0B1
This business in Toronto is for sale offering roughly 1,100 sq ft of space.
Description
Located in one of Toronto's fastest-growing and highest-traffic neighbourhoods, this established restaurant is surrounded by more than 30 luxury condominium towers, flourishing businesses, and a dense residential population that generates consistent foot traffic and year-round demand. This prime location offers outstanding visibility, excellent signage exposure, and significant growth potential. Continue operating the existing concept or rebrand to your own restaurant or franchise. A wide variety of cuisines are permitted, making this an ideal opportunity for concepts such as Shawarma, Indian, Thai, Chinese, Burgers, Mediterranean, Mexican, Sushi, and more. The restaurant features a fully equipped commercial kitchen with premium equipment, including a 12-foot extra-wide exhaust hood, walk-in refrigerator, Rational 10-pan combi oven, six-burner stove, griddle, two deep fryers, two induction cooktops, rice warmer, two upright freezers, two chest freezers, multiple prep tables, storage shelving, security camera system, TVs, and much more. Exceptional street exposure with an extended patio offers additional seating and seasonal revenue potential. The business benefits from multiple revenue streams, including dine-in, takeout, catering, Uber Eats, DoorDash, and SkipTheDishes. Don't miss this rare opportunity to acquire a fully equipped restaurant in one of Toronto's premier west-end communities with exceptional visibility, established customer demand, and tremendous future growth potential. Rent $6500/month includes TMI & HST. Long lease 4 years + 5 years option to renew. Equipment & set-up worth the price! (id:66096)
Property Details
- MLS®
- W13668436
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial
- Interior Size
- 1,100 ft²
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Garage
- Underground
- Listed
- 84 days ago
Features
- Appliances
- Oven, Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 84 days on market, against an average age of 57 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 (Mimico) 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 (M8V)
This home lists at $149,000, about 1.9× the local median household income of $79,000.
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
- $79,000
- Population
- 44,144
- Median age
- 40
- Owner / renter
- 49% / 51%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M8V)
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$149,000
Toronto