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For saleMLS® W13880516

165 The Queensway, Toronto, ON M8Y 1H8

Stonegate-Queensway · W07 · M8Y 1H8

$249,999

$439 / sq ft

3 weeks on market

Total area
570 sf
0

What's special

  • Plaza garage
  • Yes

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About this property

Excellent opportunity to own a restaurant and convenience store within the busy Ontario Food Terminal, benefiting from substantial daily foot traffic. Serving Canadian and Indian cuisine, the business generates revenue through food, cigarette and lottery sales. Reported weekly sales range from $6,000 to $7,000, including food and cigarettes, with an additional $2,500 in monthly lottery commissions. Currently operating 45 hours per week, the business offers potential to increase sales through extended operating hours. There is an opportunity to get LLBO license. Monthly rent of $2,750.06 includes heat, electricity, quarterly pest control, fire safety, TMI and GST. An attractive opportunity for an owner-operator seeking a business with multiple revenue streams in a busy commercial location.

Property details

Property

Property type
business
Interior size
570 sq ft
Zoning
Commercial
Possession
Flexible

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Plaza

Costs

List price
$249,999
Price per sq ft
$439

Listing

MLS® number
W13880516
Status
For sale
Listed
October 9, 2026
Days on market
27
Last updated
October 9, 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 75% of comparable business for sale listings in Toronto are asking less.

$55KMedian $149K$399K
This home
$439 / 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 $12,500
$12,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,313.17
Estimated monthly
$1,313

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
$2,225
Toronto municipal
$2,225
Total due on closing
$4,450

An estimate on the asking price of $249,999. 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.

$249,999

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