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1960 Lawrence Avenue Unit Unit B1

Toronto E04, ON M1R 2Z1

ActiveFor Sale
0 Beds
1 Baths
Commercial

About This Property

Seize A Rare Opportunity To Acquire A Truly Turn-Key And Highly Profitable Afghani / Persian Restaurant Cuisine, Ideally Positioned In Scarborough's Highly Coveted Wexford Food District. This Isn't Just A Business For Sale; It's A Seamless Transition Into Immediate Success, Arising From The Owner's Strategic Decision To Consolidate Their Business Portfolio And Focus On Their Other Current Business Ventures A Testament To Its Genuine Strength. Fully Renovated Just Two Years Ago When The Lease Began, The 1024 Sqft Unit Comes Complete With A Newer 5-Ton HVAC System, A Dedicated Cooking Hood, And All The Modern Infrastructure Meticulously Set Up For Immediate Restaurant Operations. Benefit From An Exceptional Lease With 3 Years Remaining Plus A Valuable 5-Year Option To Extend, Securing Your Long-Term Presence. Positioned On High-Traffic Lawrence Avenue East, Between Warden And Pharmacy, This Prime Location Within The Renowned Saag Food Plaza Is A Magnet For Culinary Enthusiasts. The Plaza Itself Is Home To 11 Other Highly Successful Food Establishments, Not To Mention Its Direct Parallel To One Of Lawrence's Busiest Food Plazas Which Has SUMAQ Shawarma, Creating A Vibrant Ecosystem That Draws In A Constant Flow Of Diverse Clientele From Across The City And Beyond. This Is Your Chance To Own A Beautifully Appointed, Fully Operational Restaurant With A Proven Track Record, Minimal Immediate Capital Outlay, And A Clear Runway For Significant Growth. Don't Let This Extraordinary Opportunity Pass You By Step Into A Thriving Enterprise Where All The Hard Work Is Already Done! This revised wording for the remarks section is excellent and effectively communicates the strategic reason for the sale in a professional and compelling way!

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms1
Postal CodeM1R 2Z1
Last UpdatedAug 8, 2026 · 5:04 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® E12427285

Listed by HOMELIFE ELITE SERVICES REALTY INC.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$164,999

asking price

MLS®E12427285
TypeCommercial
CityToronto E04
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$806

/month · $131,999 mortgage

Down Payment20% — $33,000
Interest Rate5.5%

Amortization

Total Interest

$109,714

Total Cost

$241,713

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

HOMELIFE ELITE SERVICES REALTY INC.