4 - 820 Markham Road
Toronto E09, ON
Sale Of Business • 101 days on market
Location! Location! Location! Great opportunity to own a fully equipped turn-key restaurant in the heart of Scarborough or bring your own business concept to this highly desirable, high-traffic location. Conveniently located on Markham Road, just south of Ellesmere Road, this restaurant benefits from strong visibility and excellent exposure in a busy plaza anchored by a supermarket. The business attracts customers from surrounding residential communities as well as heavy daily plaza traffic. Exceptionally low rent of only $3,700 per month, including TMI and HST, makes this an outstanding and affordable business opportunity. Fully equipped with top-notch commercial equipment, this turn-key restaurant features 2 washrooms, an 11-ft commercial hood, and a complete setup ideal for a variety of food concepts. Equipment includes 2 large Chinese woks-perfect for Hakka or Indo-Chinese cuisine-along with a walk-in cooler, 4 freezers, 2 large fryers, a beverage cooler, 4 installed TVs, and a fully set-up service counter, making it ready for immediate operation.
Listing Details
- Taxes (2025)
- $13,072
- Listed
- May 18, 2026
Price History
Location & Legal
- Cross Street
- Ellesmere Rd/Markham Rd
- Zoning
- Commercial
- Possession
- Immediate
Commercial
- Business Type
- Restaurant
- Occupancy
- Tenant
Community
Postal area M1H
- Population
- 23,964
- Private dwellings
- 9,021
- Median age
- 38.4
- Average household size
- 2.7
- Median household income
- $80,000
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 E09 · last 12 months
- Median sold price
- $743,000
- Homes sold
- 625
- Median days on market
- 21
- Sale-to-list price
- 98.4%
Based on 625 recorded sales of commercial properties in Toronto E09 over the last 12 months.
Listed by
AIMHOME REALTY INC.
Location
Commercial figures
- Annual property tax
- $13,072
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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