
Welcome to this remarkable sale of business located in the coveted neighborhood of Malvern. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $275,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
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.
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This sale of business located at 19 Lapsley Road, Toronto is currently for sale and has been available on SousaSells for 1 day. This property is listed at $275,000 with an estimated mortgage of $915* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 19 Lapsley Road, Toronto is in the Malvern neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Malvern, Toronto.
First-time home buyers, professionals, or investors seeking value.
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No historical data available for this property.
This could be the first listing for this address.
If you are looking for a house in Toronto or researching Toronto real estate for sale, this sale of business at 19 Lapsley Road, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
Browse all verified Toronto real estate listings, compare active Toronto houses for sale, and view brand new MLS® inventory before it hits the open market.
Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Estimated mortgage: $915*/month*. Estimated Ontario Land Transfer Tax: $5,200. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
The current listing price for 19 Lapsley Road, Toronto, ON in Malvern, Toronto is $275,000.
This property features null bedrooms and null bathrooms.
19 Lapsley Road, Toronto, ON is a Sale Of Business () featuring a basement.
Heating is provided via standard central heat and cooling via Yes.
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Malvern East, Toronto
144 assaults (501.8/100k)
14 B&E (48.8/100k)
79 thefts (275.3/100k)
Improving vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Data-driven valuation for 19 Lapsley Road, Toronto, ON M1B 1N1
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $275,000 in Toronto, the legal minimum down payment is $13,750 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,600 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,600 also applies, bringing the total estimated land transfer taxes to $5,200.
Comprehensive city-wide demographics, local real estate stats, and school rankings for Malvern, Toronto.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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