#D105 69 Lebovic Avenue, Toronto (Clairlea-Birchmount) - Business for Sale
#D105 69 Lebovic Avenue, Toronto (Clairlea-Birchmount), Ontario, M1L0H2
This business in Toronto is for sale offering roughly 1,066 sq ft of space.
Description
Exceptional turnkey restaurant opportunity in a premier commercial plaza at the prominent intersection of Eglinton Avenue East and Warden Avenue. Boasting prime centre exposure in a bustling, high-traffic retail destination, this premium location offers outstanding visibility, abundant customer traffic, and convenient access to major public transit. Surrounded by established national retailers, strong anchor tenants, and key commercial amenities, the property is strategically positioned between Highway 401 and the Don Valley Parkway, providing exceptional accessibility from across the GTA. Spanning approximately 1,064 sq. ft., the professionally designed space showcases quality leasehold improvements throughout and is fully equipped for efficient food service operations. Features include a spacious commercial kitchen with an optimized workflow, a 19-foot commercial exhaust hood, heavy-duty HVAC system, upgraded electrical service, plumbing rough-in, two washrooms (including one accessible), and thoughtfully designed custom millwork with additional storage solutions. Every detail has been carefully considered to support seamless day-to-day operations. Offered with an attractive lease of only $2,840 per month plus TMI and HST, approximately three years remaining on the current term, and valuable 5 + 5-year renewal options, this is an outstanding opportunity for restaurateurs, entrepreneurs, or investors seeking a move-in-ready establishment in one of Scarborough's most vibrant commercial corridors. An optional franchise takeover is available, providing added flexibility to either continue an established concept or introduce your own vision in this exceptional location. (id:66096)
Property Details
- MLS®
- E13750324
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- Commercial Retail Restaurant
- Bathrooms
- 2
- Interior Size
- 1,066 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 58 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 58 days on market, against an average age of 42 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 (Clairlea-Birchmount) 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 (M1L)
This home lists at $200,000, about 2.6× the local median household income of $78,000.
Carrying it typically needs a household income of about $39,067 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $78,000
- Population
- 35,833
- Median age
- 38.8
- Owner / renter
- 51% / 49%
- Avg. household size
- 2.8
Source: Statistics Canada, 2021 Census (FSA M1L)
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$200,000
Toronto