Welcome to this remarkable sale of business located in the coveted neighborhood of Scarborough Village. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $170,000 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.
Exceptional opportunity to acquire a well-established Wing Spot franchise restaurant in a prime Scarborough location. Strategically situated on busy Markham Road with excellent visibility and accessibility, this popular fast-casual restaurant benefits from strong pedestrian and vehicular traffic, a loyal customer base, and a growing surrounding residential community. This turnkey restaurant business is fully equipped and ready for immediate operation, making it an ideal opportunity for owner-operators, entrepreneurs, investors, or experienced restaurateurs seeking an established and recognizable food-service brand. The business offers multiple revenue streams through dine-in, takeout, delivery, online ordering, and catering services. The location has developed a strong reputation within the community and continues to attract repeat customers through its quality food, convenient service, and established brand recognition. This is an excellent opportunity to purchase a restaurant for sale in Scarborough, a food franchise business, a takeout and delivery restaurant, or a commercial business investment in one of Toronto's busiest east-end corridors. The business is well-positioned for future growth through expanded catering services, local marketing initiatives, social media promotion, corporate accounts, and extended operating hours. Whether you are searching for a franchise for sale, wing restaurant, halal restaurant, food service business, catering business, restaurant investment opportunity, fast-food restaurant, commercial business opportunity, GTA restaurant business, or an established restaurant brand, this offering presents exceptional value and significant upside potential.
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Data-driven valuation for 201 Markham Road, Toronto E08, ON M1J 3C3
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 $170,000 in Toronto, the legal minimum down payment is $8,500 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 $1,425 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $1,425 also applies, bringing the total estimated land transfer taxes to $2,850.
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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.