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For saleMLS® E13858710

284-296 Markham Road 296, Toronto, ON M1J 3C5

Scarborough Village · E08 · M1J 3C5

$109,999

$110 / sq ft

1 months on market

Total area
1,000 sf
Lot
13.11 × 65 ft
Age
0-5 years

What's special

  • Plaza garage
  • Yes
  • Newly built

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About this property

Excellent opportunity to own a well-established business at 296 Markham Rd. Located in a busy and vibrant area with strong foot and vehicle traffic, this versatile commercial space is ideal for restaurant, retail, service, or office use. Surrounded by established businesses and residential neighbourhoods, the property offers excellent visibility and signage potential. This is an amazing family-owned Indian restaurant with steady walk-in and repeat clientele. The space has been newly renovated, with over $200,000 spent on upgrades, including fresh flooring, new paint, upgraded electrical work, a new POS system with quartz countertop, and more. The fully equipped kitchen is a chef's dream, featuring a large commercial hood, walk-in cooler and freezer, sinks, ample storage, and quality chattels and fixtures. The restaurant also includes three warmers at the front, making it ideal for high-volume service. Close to major transit routes with attractive rent. A rare opportunity for the right buyer looking to step into a turnkey operation in a prime location. Opportunity knocks-don't miss out!

Property details

Property

Property type
business
Interior size
1,000 sq ft
Year built
0-5
Lot size
13.11 × 65 ft
Zoning
Commercial Residential
Possession
ASAP

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Plaza

Costs

List price
$109,999
Price per sq ft
$110

Listing

MLS® number
E13858710
Status
For sale
Listed
October 3, 2026
Days on market
33
Last updated
October 3, 2026
Listing brokerage
HOMELIFE/FUTURE 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 31% of comparable business for sale listings in Toronto are asking less.

$55KMedian $149K$399K
This home
$110 / 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 $5,500
$5,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$577.79
Estimated monthly
$578

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
$825
Toronto municipal
$825
Total due on closing
$1,650

An estimate on the asking price of $109,999. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE/FUTURE 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.

$109,999

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