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19 Lapsley Road, Toronto, ON M1B 1N1

Toronto E11, ON, M1B 1N1 · Malvern

— Sq Ft
Sale Of Business Type
E13842850 MLS#

About this property

Turnkey restaurant opportunity in a busy, well-established Scarborough plaza - a rare chance to step into a fully built, mint-condition kitchen with no construction cost, no permit delays and no build-out budget. Constructed new only a few years ago and meticulously maintained, the room seats 36 in a warm contemporary setting and is anchored by a full 16-foot commercial hood, a system sized well beyond what most rooms this size carry and enough to run tandoor, wok, grill and fryer lines together, so the kitchen will support virtually any cuisine a new owner brings to it. Just as telling is why it is available: the previous operator did not fail here - they succeeded, outgrew the space and relocated to a larger location, leaving behind proven demand, an established customer habit and equipment barely broken in. The plaza generates genuine daily traffic of its own, anchored by a TD Canada Trust branch, Pizza Pizza, a medical clinic and other food tenants, with ample surface parking at the door. The surrounding community is one of Toronto's youngest and most diverse - more than 44,000 residents and over 60 cultures represented, among the highest concentrations of young people anywhere in the country. Centennial College's Progress Campus, home to its Schools of Business and of Hospitality, Tourism and Culinary Arts, is minutes away, offering both student traffic and a genuine local hiring pool. Dense residential and commercial blocks, temples and places of worship, schools, parks and a hospital are all close by, with TTC routes at the door and Highway 401 minutes south for delivery, catering and commuter reach. Ideal for a family business, a first restaurant, a second location or a concept conversion - a low-risk entry into a growing market with real room to grow. Equipment list, lease terms and financials available to qualified buyers on a signed confidentiality agreement.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Closed
  • Sewer: Sanitary+Storm

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Garage None
Heat Type Gas Forced Air Closed
Cooling Yes
Sewer Sanitary+Storm
Tax Year 2026

Building & Construction

Building Area Total
1457

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
90.00
Lot Width
15.00

Financial & Tax

Tax Year
2026
Possession Type
Immediate
Possession Details
TBA

Utilities & Services

Sewer
Sanitary+Storm
Utilities
Available

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Neilson and Sheppard
Directions
Neilson and Sheppard
Showing Requirements
Go Direct

Location

19 Lapsley Road, Toronto, ON M1B 1N1, Toronto E11, ON, M1B 1N1

Listing courtesy of RE/MAX OPTIMUM REALTY
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