19 Lapsley Road, Toronto (Malvern), Ontario

$275,000

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1,457

Square feet

About 19 Lapsley Road

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:6289)

More Info on this Malvern MLS® listing

19 Lapsley Road is a listing for sale in Toronto (Malvern). The MLS® number is E13842850. It covers 1,457 square feet. It's currently listed for $275,000. For more details on MLS® E13842850, including price history, disclosures, or to schedule a private showing, fill out the form on this page. This listing in Malvern is available now!

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Features of 19 Lapsley Road

Listing # E13842850
Price $275,000
Square Footage 1,457
Type Business

Community Information

Address 19 Lapsley Road
Area Malvern
Subdivision Malvern
City Toronto (Malvern)
Province Ontario
Postal Code M1B1N1

Amenities

Is Waterfront No
Has Pool No

Interior

Heating Forced air, Natural gas
Cooling Fully air conditioned
Fireplace No
Has Basement No

Exterior

Lot Description Unit=15 x 90 FT

Additional Information

Zoning PARCEL G-2, SECTION M1517 BLK G PLAN 66M1517 SCARB

Listing Details

OfficeRE/MAX OPTIMUM REALTY

Listing Map

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