8
$199,000
3431 LAKESHORE Boulevard W, Toronto, ON M8W 1N2
New Toronto · W06
1 months on marketMLS® W13809846
Listing courtesy of CENTURY 21 REGAL REALTY INC.
1 / 7
For saleMLS® W13151432
2977 Lake Shore Boulevard W F, Toronto, ON M8V 1J8
New Toronto · W06 · M8V 1J8
$175,000
5 months on market
- Lot
- 17 × 57 ft
What's special
- Outside/surface garage
- Yes
About this property
Well-established and highly successful Middle Eastern restaurant operating since 1999. This long-standing business is a trusted staple in the Lake Shore community, proudly serving a loyal customer base and enjoying a strong local reputation. The owner is retiring and offering an excellent opportunity for an entrepreneur or operator to take over a proven and profitable business with continued growth potential. Training is available for the new owner to ensure a smooth transition. Features include a full basement, exterior patio for employees, and 1 rear parking space. Attractive lease terms with 3.5 years remaining plus a 5-year renewal option, along with low rent for the area. Please do not go direct.
Property details
Property
- Property type
- business
- Lot size
- 17 × 57 ft
- Zoning
- Commercial Retail
- Possession
- Negotiable
Interior
- Heating
- Gas Forced Air Open
- Cooling
- Yes
Exterior & services
- Garage
- Outside/Surface
Costs
- List price
- $175,000
Listing
- MLS® number
- W13151432
- Status
- For sale
- Listed
- May 20, 2026
- Days on market
- 168
- Last updated
- September 28, 2026
- Listing brokerage
- RE/MAX WEST REALTY INC.
Price & sale history
This property's sale history is hidden
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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 57% of comparable business for sale listings in Toronto are asking less.
$55KMedian $149K$399K
Based on 96 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
Down payment5.0% · minimum $8,750
Interest rate5-year fixed, illustrative only
Amortization
- Principal & interest
- $919.22
- Estimated monthly
- $919
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
- $1,475
- Toronto municipal
- $1,475
- Total due on closing
- $2,950
An estimate on the asking price of $175,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX WEST 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
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.
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Similar properties nearby
14
$150,000
2814 Lakeshore Boulevard W 2, Toronto, ON M8V 1H7
New Toronto · W06
2 ba
3,937 sf
3 months on marketMLS® W13607236
Listing courtesy of SKYBOUND REALTY