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$275,000

19 Lapsley Rd

Toronto E11, ON M1B 1N1

19 Lapsley Rd, Toronto E11 — Listed at $275,000 Sale Of Business. MLS® E13842850.

Just listed — 3 days ago

Possession · seller's timeline

Immediate

1,457Sq Ft
Restaurant
Sale Of Business

Description

Turnkey restaurant opportunity in a busy, well-established Scarborough plaza - a rare chance to step into a fully built, mint-condition kitchen with no construction cost, no permit delays and no build-out budget. Constructed new only a few years ago and meticulously maintained, the room seats 36 in a warm contemporary setting and is anchored by a full 16-foot commercial hood, a system sized well beyond what most rooms this size carry and enough to run tandoor, wok, grill and fryer lines together, so the kitchen will support virtually any cuisine a new owner brings to it. Just as telling is why it is available: the previous operator did not fail here - they succeeded, outgrew the space and relocated to a larger location, leaving behind proven demand, an established customer habit and equipment barely broken in. The plaza generates genuine daily traffic of its own, anchored by a TD Canada Trust branch, Pizza Pizza, a medical clinic and other food tenants, with ample surface parking at the door. The surrounding community is one of Toronto's youngest and most diverse - more than 44,000 residents and over 60 cultures represented, among the highest concentrations of young people anywhere in the country. Centennial College's Progress Campus, home to its Schools of Business and of Hospitality, Tourism and Culinary Arts, is minutes away, offering both student traffic and a genuine local hiring pool. Dense residential and commercial blocks, temples and places of worship, schools, parks and a hospital are all close by, with TTC routes at the door and Highway 401 minutes south for delivery, catering and commuter reach. Ideal for a family business, a first restaurant, a second location or a concept conversion - a low-risk entry into a growing market with real room to grow. Equipment list, lease terms and financials available to qualified buyers on a signed confidentiality agreement.

Property Details

Property TypeSale Of Business
CommunityMalvern
Lot Dimensions15 × 90 ft
Dir/Cross StNeilson and Sheppard
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
SewersSanitary+Storm
HSTIncluded In
Listed Date9/30/2026
Days on Market3 days
PossessionTBA

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeTenant
Hours of Operation12 PM - 12 AM
FranchiseNo
Chattels IncludedYes
Seating Capacity36
Full-Time Employees6
Financial StatementsNot Available
Showing RequirementsGo Direct
Possession TypeImmediate
Listing Expires3/31/2027

Commercial Space & Financials

Retail Area1,457 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: RE/MAX OPTIMUM REALTY

MLS® #E13842850

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 Malvern 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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