#508 1571 Sandhurst Circle, Toronto (Agincourt North) - Business for Sale
#508 1571 Sandhurst Circle, Toronto (Agincourt North), Ontario, M1V1V2
This business in Toronto is for sale offering roughly 1,750 sq ft of space. It has been on the market 28 days, fresher than the Toronto average of 73 days.
Description
LAZEEZ SHAWARMA Business in Scarborough, ON, is For Sale. Located at the busy intersection of Sandhurst Circle & Finch Ave E, surrounded by an established residential neighbourhood and close to schools, shopping plazas, public transit, major roads, and other amenities. The business has been operating since 2022 and offers excellent potential for further growth. Monthly Sales: Approx. $85,000-$90,000, Rent: $10,350/month including TMI & HST, Lease Term: 3 years + 5 year renewal option, Utilities: Approx. $2,600/month, Royalty: 5%, Advertising: 2%, Sq. ft.: Approximately 1,750 (id:66096)
Property Details
- MLS®
- E13873288
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CR
- Interior Size
- 1,750 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 28 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Extended: 28 days on market, against an average age of 73 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 North) has been listed for 28 days, which is 45 days fresher than the city average of 73. Act while there is still low competition.
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M1V)
This home lists at $699,000, about 8.5× the local median household income of $82,000.
Carrying it typically needs a household income of about $136,539 (20% down, 25-yr amortization, stress-tested) — roughly 67% above the area median.
- Median household income
- $82,000
- Population
- 50,825
- Median age
- 45.6
- Owner / renter
- 81% / 19%
- Avg. household size
- 3.2
Source: Statistics Canada, 2021 Census (FSA M1V)
Book a showing
Pick a time that suits you. A verified local agent confirms within 24h.
Buying this business?
Acquisition financing works differently from a property mortgage. Tell our partner brokers at iShopRates what you are buying and they will come back with options.
Ask about acquisition financing →
$699,000
Toronto