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For saleMLS® E13795442

300 Borough Drive R007, Toronto, ON M1P 4P5

Bendale · E09 · M1P 4P5

$149,000

$497 / sq ft

1 months on market

Total area
300 sf
0

What's special

  • Outside/surface garage
  • Yes

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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.

$55KMedian $149K$399K
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

Down payment5.0% · minimum $7,450
$7,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$149,000

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