Proudly Canadian

This Property Is No Longer Available

Looking for similar properties? We can help you find your perfect property.

Commercial Retail for sale at 4438 Sheppard Avenue E, Toronto E07 - Photo 1 of 10
Commercial Retail for sale at 4438 Sheppard Avenue E, Toronto E07 - Photo 2 of 10
Commercial Retail for sale at 4438 Sheppard Avenue E, Toronto E07 - Photo 3 of 10
Commercial Retail for sale at 4438 Sheppard Avenue E, Toronto E07 - Photo 4 of 10
Commercial Retail for sale at 4438 Sheppard Avenue E, Toronto E07 - Photo 5 of 10
Commercial Retail for sale at 4438 Sheppard Avenue E, Toronto E07 - Photo 6 of 10
Commercial Retail for sale at 4438 Sheppard Avenue E, Toronto E07 - Photo 7 of 10
Commercial Retail for sale at 4438 Sheppard Avenue E, Toronto E07 - Photo 8 of 10
Commercial Retail for sale at 4438 Sheppard Avenue E, Toronto E07 - Photo 9 of 10
Commercial Retail for sale at 4438 Sheppard Avenue E, Toronto E07 - Photo 10 of 10
1 / 10• 7 locked
View on map
Inactive

$1,499,000

Unit 43-46& 201 - 4438 Sheppard Ave E

Toronto E07, ON M1S 5V9

Unit 43-46& 201 - 4438 Sheppard Ave E, Toronto E07 — Listed at $1,499,000 Commercial Retail. MLS® E12813784.

9,750Sq Ft
Commercial Retail
$39,000Taxes/yr · 2025
Find similar properties

Description

An exceptional opportunity to acquire a 9,750 SF flagship commercial hospitality unit located within the prestigious Oriental Plaza. This turnkey asset features a licensed banquet hall and full-service restaurant, complemented by a dedicated meal-prep operation offering diverse, high-demand cuisines. The unit is fully outfitted with professional-grade commercial kitchen equipment, complete banquet hall and restaurant chattels, and is designed to support high-volume operations. LLBO in progress, positioning the asset for enhanced revenue generation. Strategically situated in a prime Scarborough location, moments from Highway 401, Scarborough Town Centre, and the vibrant commercial corridor along Sheppard Avenue. The location benefits from strong traffic flow, established footfall, and surrounding amenities-ideal for sustained business growth.This offering is perfect for sophisticated hospitality investors and operators seeking multiple revenue streams, including private events, banquets, dine-in service, catering, and meal-prep production. Complimentary underground parking for restaurant patrons and event guests further enhances customer convenience and operational efficiency.

Property Details

Property TypeCommercial Retail
CommunityAgincourt South-Malvern West
Dir/Cross StSheppard /Brimley
Garage TypeUnderground
Heating TypeGas Forced Air Open
A/CYes
WaterWater System
Taxes (2025)$39,000
Maintenance Fee$15,497/Monthly
HSTIn Addition To
SecurityYes
UFFINo
Listed Date2/24/2026
Days on Market262 days
PossessionTBA

Business Details

Property Sub-TypeCommercial Retail
Business NameOriental Centre
Property UseCommercial Condo
Occupant TypeTenant
FranchiseNo
Chattels IncludedYes
Seating Capacity250
Showing RequirementsLockbox
Possession TypeFlexible
Listing Expires5/31/2026

Commercial Space & Financials

Retail Area9,750 Sq Ft

This Listing Is No Longer Active

Browse similar active listings or get a free home evaluation.

Listing Courtesy of: EXP REALTY

MLS® #E12813784

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.

Thinking about living in Toronto?

Explore the neighbourhood guide for Toronto — market trends, popular areas, buyer tips, and more.

Similar Listings in Toronto E07

No close matches are available to show for the same property type, city and sale or lease category within 5% of this asking price. Explore other price ranges below without changing those categories.

About Toronto Real Estate

This Commercial Retail is located in the Agincourt South-Malvern West 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
View full Toronto neighbourhood guide →