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For saleMLS® W13451694

1620 Albion Road 8, Toronto, ON M9V 4B4

Mount Olive-Silverstone-Jamestown · W10 · M9V 4B4

$449,000

4 months on market

Lot
1199.26 × 829.49 ft

What's special

  • Yes

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About this property

THIS IS THE HIGH-PROFIT TURNKEY GOLDMINE YOU'VE BEEN WAITING FOR! Welcome to Govardhan Thal, an absolute staple of authentic Indian vegetarian and Gujarati cuisine, perfectly situated in a prime, high-traffic pocket of Etobicoke, ON. This phenomenal business opportunity is a dream come true for seasoned restaurateurs, family operators, or ambitious entrepreneurs looking to capitalize on an established, cult-favorite brand. Boasting a massive and highly functional layout of approximately 2,050 square feet with seating capacity of 60 patrons, this location features incredibly cheap rent, a massive competitive advantage that keeps fixed overhead remarkably low and ensures maximum profitability from day one! The numbers speak for themselves: this operation generates, on average, an outstanding Total Monthly Revenue of $48,000 , while maintaining strictly optimized Total Monthly Expenses of just $19,000, resulting in a spectacular net income. Govardhan Thal has secured an enviable reputation and a fiercely loyal customer base who flock here to see the menu and indulge in legendary, comforting delicacies. The fully equipped, top tier setup handles high-volume dine-in buffet crowds, massive takeout and tiffin demand and highly lucrative catering services with ease. Best of all, the versatile infrastructure offers unlimited potential to rebrand or introduce a brand new culinary concept to a hungry local market. Do not miss your chance to secure an insanely lucrative, low risk food business with an unmatched rent-to-revenue ratio in a surging Etobicoke neighborhood. Opportunities with this level of cash flow and minimal overhead vanish instantly act fast and schedule your private viewing today before someone else takes your profit! ***Images are virtually staged along with people shown.*** Buyer / Buyer's representative to conduct their own due diligence on all business-related information.

Property details

Property

Property type
business
Lot size
1199.26 × 829.49 ft
Zoning
Commercial Restaurant
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Costs

List price
$449,000
Rental items
NONE

Listing

MLS® number
W13451694
Status
For sale
Listed
June 16, 2026
Days on market
142
Last updated
June 25, 2026
Listing brokerage
HOMELIFE/MIRACLE REALTY LTD

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 above most comparable listings — about 94% 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 $22,450
$22,450
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,358.47
Estimated monthly
$2,358

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
$5,455
Toronto municipal
$5,455
Total due on closing
$10,910

An estimate on the asking price of $449,000. 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.

$449,000

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