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For saleMLS® E13723864

1960 Lawrence Avenue E, Toronto, ON M1R 2Z1

Wexford-Maryvale · E04 · M1R 2Z1

$159,000

2 months on market

Bathrooms
1
0
Age
6-15 years

What's special

  • Plaza garage
  • Yes

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About this property

Excellent opportunity to acquire a fully equipped, turnkey restaurant in a busy Scarborough plaza. The premises feature approximately 813 Sq.ft. with a Professionally designed commercial kitchen including a 10 foot exhaust hood, Fire suppression system, make -up air unit, HVAC System, Grease Trap, gas line, walk in Cooler/Freezer, Clover System, 15 seating's and quality kitchen equipment. The restaurant is ideal for takeout, Catering or dine-in. Conveniently located on a high-traffic confider with excellent visibility, ample Customer parking and Strong residential and Commercial Surroundings. The sale includes the business assets, equipment, lease hold improvements, goodwill and existing branding. This is an excellent opportunity for an owner-operator or an established restaurant group looking to expand. Turnkey restaurant operation. Fully equipped commercial kitchen . Halal restaurant concept. Excellent exposure and customer parking. Suitable for Indian, Sri Lankan, middle eastern, Pakistani or other permitted food concepts.

Property details

Property

Property type
business
Bathrooms
1
Year built
6-15
Zoning
Commercial
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Plaza
Sewer
Septic

Costs

List price
$159,000
Rental items
NIL

Listing

MLS® number
E13723864
Status
For sale
Listed
August 28, 2026
Days on market
68
Last updated
August 28, 2026
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

Price & sale history

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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 above most comparable listings — about 91% of comparable business for sale listings in Wexford-Maryvale are asking less.

$68KMedian $110K$149K

Based on 11 comparable active business for sale listings in Wexford-Maryvale. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $7,950
$7,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$835.18
Estimated monthly
$835

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
$1,315
Toronto municipal
$1,315
Total due on closing
$2,630

An estimate on the asking price of $159,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE/MIRACLE REALTY LTD. 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.

$159,000

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