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UNIT B1 - 1960 LAWRENCE AVENUE E, Toronto, Ontario, M1R 2Z1

MLS® # E12427285
Commercial For Sale In Wexford-Maryvale, Toronto, Ontario
$164,999

None Beds

1 Bath

Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
Unit B1 - 1960 Lawrence Avenue E, Toronto, ON
  • Advertising
UNIT B1 - 1960 LAWRENCE AVENUE E, Toronto, Ontario, M1R 2Z1
$164,999

Property Information:

Seize A Rare Opportunity To Acquire A Truly Turn-Key And Highly Profitable Afghani / Persian Restaurant Cuisine, Ideally Positioned In Scarborough's Highly Coveted Wexford Food District. This Isn't Just A Business For Sale; It's A Seamless Transition Into Immediate Success, Arising From The Owner's Strategic Decision To Consolidate Their Business Portfolio And Focus On Their Other Current Business Ventures A Testament To Its Genuine Strength. Fully Renovated Just Two Years Ago When The Lease Began, The 1024 Sqft Unit Comes Complete With A Newer 5-Ton HVAC System, A Dedicated Cooking Hood, And All The Modern Infrastructure Meticulously Set Up For Immediate Restaurant Operations. Benefit From An Exceptional Lease With 3 Years Remaining Plus A Valuable 5-Year Option To Extend, Securing Your Long-Term Presence. Positioned On High-Traffic Lawrence Avenue East, Between Warden And Pharmacy, This Prime Location Within The Renowned Saag Food Plaza Is A Magnet For Culinary Enthusiasts. The Plaza Itself Is Home To 11 Other Highly Successful Food Establishments, Not To Mention Its Direct Parallel To One Of Lawrence's Busiest Food Plazas Which Has SUMAQ Shawarma, Creating A Vibrant Ecosystem That Draws In A Constant Flow Of Diverse Clientele From Across The City And Beyond. This Is Your Chance To Own A Beautifully Appointed, Fully Operational Restaurant With A Proven Track Record, Minimal Immediate Capital Outlay, And A Clear Runway For Significant Growth. Don't Let This Extraordinary Opportunity Pass You By Step Into A Thriving Enterprise Where All The Hard Work Is Already Done! This revised wording for the remarks section is excellent and effectively communicates the strategic reason for the sale in a professional and compelling way! (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 1024 sqft
  • Heating Type: Forced air
  • Heating Fuel: Natural gas
  • Cooling Type: Fully air conditioned
  • Appliances: Freezer, Oven

Property Features:

  • Property Type: Business
  • Bathrooms: 1
  • Amenities Nearby: Highway, Public Transit
  • Floor Space (approx): 1024 Square Feet
  • Irregular: Yes
  • Lot Depth: 60.0 Feet
  • Lot Frontage: 16.0 Feet
  • Lot Size: Unit=16 x 60 FT
  • Zoning: Commercial

Courtesy of: HOMELIFE ELITE SERVICES REALTY INC.

REALTOR.ca  

Location of UNIT B1 - 1960 LAWRENCE AVENUE E, Toronto, Ontario, M1R 2Z1

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: Moderate

31 hot days expected in 2050

Projected Precipitation Risk: Moderate

13 storms expected in 2050

Projected Heat Risk: Moderate

31 hot days expected in 2050

46/100

Moderate

ClimateCheck®

Current data

This property, UNIT B1 - 1960 LAWRENCE AVENUE E , experiences 7 hot days per year at around 31 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.6 degrees Celsius.

Projected Avg. Temperature

Past
31℃
2050
34.6℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Precipitation Risk: Moderate

13 storms expected in 2050

56/100

Moderate

ClimateCheck®

Current data

This property, UNIT B1 - 1960 LAWRENCE AVENUE E , experiences 11 significant 2-day storms per year, with about 300.4mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 371.9mm of precipitation per year.

Precipitation Per Storm

Past
300.4mm
2050
371.9mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

Demographic Information of UNIT B1 - 1960 LAWRENCE AVENUE E, Toronto, Ontario, M1R 2Z1

Life Stage

Older Families

Employment Type

Mixed

Average Household Income

$105,949.39

Average Number of Children

1.91

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

18.68 %

High school certificate or equivalent

31.42 %

Apprenticeship trade certificate/diploma

4.17 %

College/non-university certificate

19.24 %

University certificate (below bachelor)

1.45 %

University Degree

25.04 %

Commuter

Travel To Work

By Car

67.05 %

By Public Transit

21.96 %

By Walking

5.12 %

By Bicycle

0.0 %

By Other Methods

5.87 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

36.5 %

Houses

63.5 %

Own Vs. Rent