Space
Finished area and layout
- Building Area
- 1,457 sqft
+7 more
$275,000
19 Lapsley
Toronto, On, M1B 1N1
mixed use·sale
1,457 sqft
Building Area
Unit=15 x 90 FT
Lot
Property Snapshot
Key details for this listing
MLS #E13842850
Property
Type, style and structure
- Type
- commercial
- Style
- sale of business / Mixed Use
Lot
Land, frontage and setting
- Lot
- Unit=15 x 90 FT
- Frontage
- 15.0 feet
About This Property
This sale of business in Toronto offers 1,457 sqft of building area on a Unit=15 x 90 FT lot. The property has zoned PARCEL G-2, SECTION M1517 BLK G PLAN 66M1517 SCARB. The home features yes.
MLS Remarks
Turnkey restaurant opportunity in a busy, well-established Scarborough plaza - a rare chance to step into a fully built, mint-condition kitchen with no construction cost, no permit delays and no build-out budget. Constructed new only a few years ago and meticulously maintained, the room seats 36 in a warm contemporary setting and is anchored by a full 16-foot commercial hood, a system sized well beyond what most rooms this size carry and enough to run tandoor, wok, grill and fryer lines together, so the kitchen will support virtually any cuisine a new owner brings to it. Just as telling is why it is available: the previous operator did not fail here - they succeeded, outgrew the space and relocated to a larger location, leaving behind proven demand, an established customer habit and equipment barely broken in. The plaza generates genuine daily traffic of its own, anchored by a TD Canada Trust branch, Pizza Pizza, a medical clinic and other food tenants, with ample surface parking at the door. The surrounding community is one of Toronto's youngest and most diverse - more than 44,000 residents and over 60 cultures represented, among the highest concentrations of young people anywhere in the country. Centennial College's Progress Campus, home to its Schools of Business and of Hospitality, Tourism and Culinary Arts, is minutes away, offering both student traffic and a genuine local hiring pool. Dense residential and commercial blocks, temples and places of worship, schools, parks and a hospital are all close by, with TTC routes at the door and Highway 401 minutes south for delivery, catering and commuter reach. Ideal for a family business, a first restaurant, a second location or a concept conversion - a low-risk entry into a growing market with real room to grow. Equipment list, lease terms and financials available to qualified buyers on a signed confidentiality agreement. (id:60351)
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