43-46& 201 - 4438 Sheppard Avenue

Toronto E07, ON

9,750 sqft
Commercial Retail
192 days on market

$1,499,000

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.

Listing Details

Taxes (2025): $39,000
Originally Listed: $1,288,888
Listed: February 23, 2026

Price History

Listing history

Parking

Garage: Underground

Utilities

Water: Water System

Location & Legal

Cross Street: Sheppard /Brimley
Zoning: Commercial
Parcel Number: 126440000
Possession: Flexible
Occupancy: Tenant

Included

Inclusions: List of chattles : All Existing Tables, Chairs, All Kitchen Equipment, All Lighting Etc.
Exclusions: Pos and some business branding stuffs.
Rental Items: Hot water Tanks

Community

Postal area M1S

Population: 37,663
Private dwellings: 14,021
Median age: 44.4
Average household size: 2.8
Median household income: $81,000

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 E07 · last 12 months

Median sold price: $710,000
Homes sold: 525
Median days on market: 23
Sale-to-list price: 98.8%

Based on 525 recorded sales of commercial properties in Toronto E07 over the last 12 months.

Listed by

EXP REALTY

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 9,750 sq ft
Price per sq ft: $153.74
Annual property tax: $39,000
Tax per sq ft: $4.00

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

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