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F - 2977 Lake Shore Boulevard

F - 2977 Lake Shore Boulevard

Toronto W06, ON

  • Sale Of Business
  • 112 days on market
$175,000Price reduced 12%

Well-established and highly successful Middle Eastern restaurant operating since 1999. This long-standing business is a trusted staple in the Lake Shore community, proudly serving a loyal customer base and enjoying a strong local reputation. The owner is retiring and offering an excellent opportunity for an entrepreneur or operator to take over a proven and profitable business with continued growth potential. Training is available for the new owner to ensure a smooth transition. Features include a full basement, exterior patio for employees, and 1 rear parking space. Attractive lease terms with 3.5 years remaining plus a 5-year renewal option, along with low rent for the area. Please do not go direct.

Listing Details

Originally Listed
$199,000
Listed
May 20, 2026

Price History

Property

Lot Size
17 x 57 Feet

Parking

Garage
Outside/Surface

Location & Legal

Cross Street
Islington Ave. & Kipling Ave.
Zoning
Commercial Retail
Possession
Immediate
Occupancy
Vacant

Commercial

Business Type
Restaurant

Included

Inclusions
Walk-in cooler, 2 chest freezers, 2 stand-up fridges, s/s sink, tables and chairs, s/s cutting, 3 bar fridges, 4 T.V's, 4 security cameras, 2 shawarma machines, 6' hood, flat grill, 6 burner oven, deep fryer, charcoal BBQ, POS System, 3 salad fridges, all cooking supplies.

Community

Postal area M8V

Population
44,144
Private dwellings
24,434
Median age
40
Average household size
1.9
Median household income
$79,000

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 W06 · last 12 months

Median sold price
$775,000
Homes sold
972
Median days on market
24
Sale-to-list price
97.8%

Based on 972 recorded sales of commercial properties in Toronto W06 over the last 12 months.

Listed by

RE/MAX WEST REALTY INC.

Walk Score

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R

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