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$75,000

862 Pape Ave

Toronto E03, ON M4K 3T8

862 Pape Ave, Toronto E03Listed at $75,000 Sale Of Business. MLS® E12897838.

50%
Fast Food/Takeout
Sale Of Business

Description

Rare Opportunity to Acquire a Beloved, Established Japanese-Korean Culinary Convenience Concept in the Heart of Pape Village! An exceptional chance to take over a highly reputable and well-loved specialty food business in one of Toronto's most vibrant and tight-knit neighborhoods. This unique concept combines a curated Japanese and Korean market - stocked with specialty snacks, frozen foods, and pantry staples - alongside a scratch kitchen offering fresh, mainly grab-and-go items with takeout also available. Located on Pape Ave in Pape Village, the business benefits from excellent street-level visibility, consistent foot traffic, and a community demographic that strongly supports local, quality-driven food businesses. The neighborhood has few competing Asian specialty markets, giving this concept a distinct and defensible niche. This is a fully turnkey operation - ideal for an owner-operator looking to step into an established, income generating business with immediate brand recognition. Spacious kitchen with 9ft commercial hood and a full-size basement matching the footprint of the main floor, offering ample storage. Highly adaptable layout - easy to rebrand or convert to another restaurant type. All equipment and supplier relationships included. Opportunities like this are rare. Serious inquiries only. MOTIVATED AND NEGOTIABLE.

Business Details

Property Sub-TypeSale Of Business
Business TypeFast Food/Takeout
Property UseWithout Property
Occupant TypeOwner
Hours of Operation11 am to 6 pm
FranchiseNo
Chattels IncludedYes
Full-Time Employees4
Financial StatementsNot Available
Showing RequirementsShowing System
Possession Type30-59 days
Listing Expires9/30/2026

Commercial Space & Financials

Retail Area50 %

Property Details

Property TypeSale Of Business
CommunityBroadview North
Dir/Cross StPAPE AVE AND MORTIMER AVE
Garage TypeNone
Heating TypeGas Forced Air Open
A/CYes
HSTIncluded In
SecurityYes
Listed Date3/19/2026
Days on Market84 days
Possession60/90 TBA

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MLS® Verified · Same-day showings available

Same-day showings available
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Property Insights

Listing Courtesy of: HOMELIFE FRONTIER REALTY INC.

MLS® #E12897838

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Broadview North community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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