Skip to content
1 / 19
For saleMLS® E13093986

58 Redlea Avenue, Toronto, ON M1V 4S3

Milliken · E07 · M1V 4S3

$250,000

6 months on market

Bathrooms
2
Lot
50 × 135 ft

What's special

  • Outside/surface garage
  • Yes

Book a private showing

Pick a time that suits you. No obligation.

Loading open times…

About this property

One of a kind restaurant business opportunity situated at busy intersection of Scarborough and Markham. A standalone building/unit with its own parkings where across Pacific Mall and Splendid China Mall. Walking distance to GO train station and public transit. Surround by residential houses and commercial businesses. It is very well maintained and is one of famous restaurant in Toronto for many years at this location. Low monthly rent of $5650 included HST.

Property details

Property

Property type
business
Bathrooms
2
Lot size
50 × 135 ft
Zoning
Commercial/Restaurant
Possession
TBA

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$250,000
Property taxes
$18,374 / year (2025)

Listing

MLS® number
E13093986
Status
For sale
Listed
May 7, 2026
Days on market
182
Last updated
September 16, 2026
Listing brokerage
REALTRIUM REALTY

Price & sale history

This property's sale history is hidden

TRREB rules require a free account before sold and leased prices can be shown. One registration unlocks full sale history across the site.

Unlock sale history & sold price

Free. Takes about twenty seconds.

Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced in line with comparable listings — about 67% of comparable business for sale listings in Milliken are asking less.

$65KMedian $180K$411K

Based on 27 comparable active business for sale listings in Milliken. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $12,500
$12,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,313.18
Property tax (est.)
$1,531.17
Estimated monthly
$2,844

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$2,225
Toronto municipal
$2,225
Total due on closing
$4,450

An estimate on the asking price of $250,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of REALTRIUM REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$250,000

Contact Book a viewing

Comparable sales nearby

What similar homes in this area actually sold for.

Nearby sold prices are hidden

Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.

Unlock nearby sold prices

Free. Takes about twenty seconds.

Similar properties nearby