300 Borough Drive R007, Toronto, ON M1P 4P5
Bendale · E09 · M1P 4P5
$149,000
$497 / sq ft1 months on market
- Total area
- 300 sf
What's special
- Outside/surface garage
- Yes
About this property
TURNKEY FRANCHISE OPPORTUNITY AT SCARBOROUGH TOWN CENTRE! Exceptional opportunity to acquire a newly established Malvon franchise ideally located in the prime food court at Scarborough Town Centre with High foot traffic near the subway mall entrance. Established in March 2026, the business is already experiencing strong sales growth, currently generating approximately $35,000/month in sales. Specializing in popular freshly baked empanadas and alfajores, this turnkey concept offers a simple and efficient operation. All products arrive frozen and are baked fresh daily, providing consistent quality with minimal preparation. The business can be efficiently operated by one person, making it an attractive opportunity for an owner-operator or investor. Currently operated as an absentee-owner business, there is significant opportunity for an active owner to further optimize operations. Based on current performance, owner-operator net profit is projected at over $100,000 annually. Excellent lease structure with 7 years remaining at $12,000/month, inclusive of TMI, HST, utilities and a dedicated storage room. Prime food court positioning offers excellent visibility and access to consistent mall traffic. Prime Scarborough Town Centre location. A rare turnkey opportunity to acquire a growing franchise in a premier shopping-centre location with a proven concept, streamlined operations and substantial upside for an owner-operator. Please do not speak to staff/customers (absent owner).
Property details
Property
- Property type
- business
- Interior size
- 300 sq ft
- Zoning
- Commercial
- Possession
- Immediate
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $149,000
- Price per sq ft
- $497
- Rental items
- Equipment is leased at $1700/month for 4 years.
Listing
- MLS® number
- E13795442
- Status
- For sale
- Listed
- September 17, 2026
- Days on market
- 49
- Last updated
- September 29, 2026
- Listing brokerage
- HOMELIFE/BAYVIEW REALTY INC.
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 in line with comparable listings — about 46% of comparable business for sale listings in Toronto are asking less.
- This home
- $497 / sq ft
- Comparable median
- $116 / sq ft
Based on 96 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $782.65
- Estimated monthly
- $783
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
- $1,215
- Toronto municipal
- $1,215
- Total due on closing
- $2,430
An estimate on the asking price of $149,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HOMELIFE/BAYVIEW REALTY INC.. 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.
Comparable sales nearby
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