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$499,000
Status: For Sale
NON-FRANCHISE - Recently built, fully equipped, restaurant is now available for sale in one of Scarborough's most iconic and high-traffic locations (Kennedy Commons at Kennedy Road & Highway 401). Spanning 3,206 sq. ft. with seating for up to 90 guests (option to add more seating), the space features a 24-foot exhaust hood, walk-in cooler, and walk-in freezer, making it a turnkey kitchen ready for immediate operation. With ample parking directly in front and surrounded by major retailers, the plaza ensures excellent accessibility, steady customer traffic, and strong visibility. Ideal for many approved concepts, this is a rare opportunity to take over a ready-to-go restaurant in a thriving retail hub. The rent is $14,900 per month (TMI, HST, and water included), with 8 years left on the current lease term plus a 10-year renewal option.
| Property Type | :Commercial |
|---|---|
| MLS Number | :E13007936 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :27 Jul, 2026 (9 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M1P 5B7
|
| Price | : $499,000 |
|---|---|
| Property Taxes | :$0.0 |
| Tax Year | :2025 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Open |
| Cross Street | :Hwy401 / Kennedy |
| Bathrooms | :3 |
|---|
16 Apr, 2026
TREB #E13007936
Listed
$499000.0
