4-5 - 129 Pedersen Drive
Aurora, ON
1,848 sqft • Sale Of Business • 154 days on market
A well-established, fully operational restaurant located in one of Aurora's busiest commercial hubs. The area is surrounded by residential neighborhoods and commercial developments, with ample customer parking available. The restaurant offers seating for 36-40 guests and comes equipped with a fully fitted commercial kitchen, including a walk-in cooler and freezer. It features three-phase power and a 12-foot exhaust hood, making it suitable for almost any type of cuisine. The layout includes an open-concept kitchen, along with an additional prep area at the back, allowing for efficient workflow and extra preparation space. The business is turnkey and ready for immediate operation, making it ideal for a variety of dining concepts. The lease terms are favorable, with a gross monthly rent of $9,215, which includes TMI, HST, water, and garbage disposal. The lease is valid until June 30, 2028. This is a rare opportunity to own a fully equipped, ready-to-operate restaurant in a high-demand location.
Listing Details
- Listed
- March 21, 2026
Price History
Location & Legal
- Cross Street
- Bayview/Wellington
- Zoning
- Commercial
- Possession
- Flexible
Commercial
- Business Type
- Restaurant
- Occupancy
- Tenant
Included
- Rental Items
- The dishwasher is rented at a monthly cost of $203.40 (including HST).
Community
Postal area L4G
- Population
- 62,061
- Private dwellings
- 22,255
- Median age
- 42
- Average household size
- 2.9
- Median household income
- $119,000
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 Aurora · last 12 months
- Median sold price
- $1,120,000
- Homes sold
- 681
- Median days on market
- 23
- Sale-to-list price
- 97.3%
Based on 681 recorded sales of commercial properties in Aurora over the last 12 months.
Listed by
HOME LEGEND REALTY INC.
Commercial figures
- Building area
- 1,848 sq ft
- Price per sq ft
- $188.85
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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