2459 Kingston Road
Birchcliffe-Cliffside / Toronto E06, ON M1N 1V4
About This Property
Rare opportunity to acquire a well-established and profitable bar & restaurant in the heart of Scarborough. First time offered for sale in 30 years, this long-standing business has been successfully operated by the same owner and has built a loyal customer base with strong repeat clientele. Prime location on busy Kingston Rd with excellent exposure, ample plaza parking, and surrounded by high-density residential neighbourhoods, providing steady walk-in and local business. Approx. 2,000 sq. ft. of fully equipped turnkey space featuring a commercial hood, walk-in coolers, LLBO licence, and seating for 141 guests total (85 upstairs, 45 downstairs, 11 patio). Additional basement entertainment area with pool tables adds extra revenue potential. Current gross rent is approximately $9,100/month including TMI and HST (base rent $4,600). Current lease runs until December 2026, with two renewal options of 5 years each (5+5), offering excellent long-term potential. Excellent opportunity for owner-operators or investors to continue a successful operation or bring their own concept. Please do not go direct or speakto staff.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E13478524
Listed by RE/MAX ELEVATE
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.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$1,465
/month · $240,000 mortgage
Amortization
Total Interest
$199,482
Total Cost
$439,482
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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