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23 - 50 Thornmount Drive

23 - 50 Thornmount Drive

Toronto E11, ON

1 bath • 7,054 sqft • Sale Of Business • 287 days on market

$4,500,000

This Is a Rare and Exceptional Opportunity to Acquire a Well-Established and Highly Profitable Food Processing Business Specializing in the Production of Tofu, Tofu Balls, and Soy Milk. This Business Has Built a Strong Reputation and Loyal Customer Base Over The 18 Years. Supplies a Wide Range of Restaurants and Supermarkets, With a Strong Market Presence, Established Distribution Channels, and Consistently High Net Profits. With Its Consistent Record of High Net Profits, This Business Presents a Remarkable Opportunity for Both Investors and Operators Looking to Enter or Expand in the Rapidly Growing Food Industry. The Business Is Turnkey, Meaning Its Fully Operational and Ready for Immediate Transition. Whether You're Seeking to Invest in a Well-Run Operation or Expand Your Portfolio, This Is an Outstanding Chance to Step Into a Profitable and Booming Food Industry.

Listing Details

Taxes (2025)
$16,600
Listed
November 10, 2025

Price History

Utilities

Sewer
Sanitary+Storm

Location & Legal

Cross Street
Morningside Ave / Sheppard Ave East
Zoning
M
Possession
Flexible

Commercial

Business Type
Manufacturing
Occupancy
Owner
Office / Apartment Area
5 %

Included

Inclusions
All Chattels, Equipment, Machinery, Walk In Cooler and 4 Straight Trucks Included In The Purchase Price.

Community

Postal area M1B

Population
65,555
Private dwellings
21,561
Median age
39.6
Average household size
3.2
Median household income
$91,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto E11 · last 12 months

Median sold price
$711,000
Homes sold
398
Median days on market
21
Sale-to-list price
98.7%

Based on 398 recorded sales of commercial properties in Toronto E11 over the last 12 months.

Listed by

CENTURY 21 ATRIA REALTY INC.

Walk Score

58

Walk

62

Transit

42

Bike

Scores by Walk Score®

Location

Commercial figures

Building area
7,054 sq ft
Price per sq ft
$637.94
Annual property tax
$16,600
Tax per sq ft
$2.35

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

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