58 Redlea Avenue
Toronto E07, ON
- 2 bath
- Sale Of Business
- 137 days on market
One of a kind restaurant business opportunity situated at busy intersection of Scarborough and Markham. A standalone building/unit with its own parkings where across Pacific Mall and Splendid China Mall. Walking distance to GO train station and public transit. Surround by residential houses and commercial businesses. It is very well maintained and is one of famous restaurant in Toronto for many years at this location. Low monthly rent of $5650 included HST.
Listing Details
- Taxes (2025)
- $18,374
- Originally Listed
- $350,000
- Listed
- May 6, 2026
Price History
Listing history
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Property
- Lot Size
- 50 x 135 Feet
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- Steeles/Kennedy
- Zoning
- Commercial/Restaurant
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Restaurant
Included
- Inclusions
- All chattels.
- Exclusions
- Business name is not for sale.
Community
Postal area M1V
- Population
- 50,825
- Private dwellings
- 16,556
- Median age
- 45.6
- Average household size
- 3.2
- Median household income
- $82,000
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
- $728,000
- Homes sold
- 517
- Median days on market
- 22
- Sale-to-list price
- 98.9%
Based on 517 recorded sales of commercial properties in Toronto E07 over the last 12 months.
Listed by
REALTRIUM REALTY
Walk Score
Walk
Transit
Bike
Scores by Walk Score®
Location
Street View
Commercial figures
- Annual property tax
- $18,374
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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