2459 Kingston Road

Toronto E06, ON

2,000 sqft
Sale Of Business
83 days on market

$300,000

Rare opportunity to acquire a well-established and profitable bar & restaurant in the heart of Scarborough. First time offered for sale in 30 years, this long-standing business has been successfully operated by the same owner and has built a loyal customer base with strong repeat clientele. Prime location on busy Kingston Rd with excellent exposure, ample plaza parking, and surrounded by high-density residential neighbourhoods, providing steady walk-in and local business. Approx. 2,000 sq. ft. of fully equipped turnkey space featuring a commercial hood, walk-in coolers, LLBO licence, and seating for 141 guests total (85 upstairs, 45 downstairs, 11 patio). Additional basement entertainment area with pool tables adds extra revenue potential. Current gross rent is approximately $9,100/month including TMI and HST (base rent $4,600). Current lease runs until December 2026, with two renewal options of 5 years each (5+5), offering excellent long-term potential. Excellent opportunity for owner-operators or investors to continue a successful operation or bring their own concept. Please do not go direct or speakto staff.

Listing Details

Taxes (2025): $11,997
Listed: June 23, 2026

Price History

Listing history

Parking

Garage: Plaza

Utilities

Sewer: Septic

Location & Legal

Cross Street: Kingston Rd & Midland Ave
Zoning: Commercial
Possession: Flexible
Occupancy: Owner

Commercial

Business Type: Restaurant

Included

Inclusions: All existing chattels, fixtures, equipment, leasehold improvements, furniture, kitchen equipment, bar equipment, coolers, appliances, and related business assets owned by the Seller and used in the operation of the business, unless otherwise excluded.
Rental Items: Hot Water Tank

Community

Postal area M1N

Population: 22,976
Private dwellings: 10,056
Median age: 44.8
Average household size: 2.4
Median household income: $90,000

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 E06 · last 12 months

Median sold price: $890,000
Homes sold: 309
Median days on market: 15
Sale-to-list price: 99.3%

Based on 309 recorded sales of commercial properties in Toronto E06 over the last 12 months.

Listed by

RE/MAX ELEVATE

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 2,000 sq ft
Price per sq ft: $150.00
Annual property tax: $11,997
Tax per sq ft: $6.00

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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