R007 - 300 Borough Drive
Toronto E09, ON
- 300 sqft
- Sale Of Business
- 2 days on market
TURNKEY FRANCHISE OPPORTUNITY AT SCARBOROUGH TOWN CENTRE! Exceptional opportunity to acquire a newly established Malvon franchise ideally located in the prime food court at Scarborough Town Centre with High foot traffic near the subway mall entrance. Established in March 2026, the business is already experiencing strong sales growth, currently generating approximately $35,000/month in sales. Specializing in popular freshly baked empanadas and alfajores, this turnkey concept offers a simple and efficient operation. All products arrive frozen and are baked fresh daily, providing consistent quality with minimal preparation. The business can be efficiently operated by one person, making it an attractive opportunity for an owner-operator or investor. Currently operated as an absentee-owner business, there is significant opportunity for an active owner to further optimize operations. Based on current performance, owner-operator net profit is projected at over $100,000 annually. Excellent lease structure with 7 years remaining at $12,000/month, inclusive of TMI, HST, utilities and a dedicated storage room. Prime food court positioning offers excellent visibility and access to consistent mall traffic. Prime Scarborough Town Centre location. A rare turnkey opportunity to acquire a growing franchise in a premier shopping-centre location with a proven concept, streamlined operations and substantial upside for an owner-operator. Please do not speak to staff/customers (absent owner).
Listing Details
- Listed
- September 17, 2026
Price History
Parking
- Garage
- Outside/Surface
Location & Legal
- Cross Street
- Hwy 401/McCowan
- Zoning
- Commercial
- Possession
- Flexible
- Occupancy
- Owner
Commercial
- Business Type
- Fast Food/Takeout
Included
- Rental Items
- Equipment is leased at $1700/month for 4 years.
Community
Postal area M1P
- Population
- 45,170
- Private dwellings
- 17,308
- Median age
- 39.6
- Average household size
- 2.7
- Median household income
- $76,000
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
- $750,000
- Homes sold
- 628
- Median days on market
- 21
- Sale-to-list price
- 98.4%
Based on 628 recorded sales of commercial properties in Toronto E09 over the last 12 months.
Listed by
HOMELIFE/BAYVIEW REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 300 sq ft
- Price per sq ft
- $496.67
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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