HomeListingsTorontoE13478524

2459 Kingston Road Toronto E06 ON

📍 Toronto, Ontario M1N 1V4

$300,000

Active

📋 Listing Highlights

StatusActive
MLS®E13478524
ListedJun 23, 2026
Days on Market
Property TypeCommercial
StyleSale Of Business
Cross StreetKingston Rd & Midland Ave
PossessionTBD

📝 Listing Description

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.

🏠 Property Details

Property TypeCommercial
StyleSale Of Business

🔧 Building & Utilities

HeatingGas Forced Air Open
CoolingYes
GaragePlaza

💰 Financial

List Price$300,000
Annual Taxes$11,996.66 (2025)
PossessionTBD

🧮 Mortgage Calculator

$60,000
Est. Monthly Payment
$1,474/mo
Principal: $240,000 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by RE/MAX ELEVATEData via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #E13478524 · Last updated: Jul 14, 2026

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