For Sale
Just Listed
2977 Lake Shore Boulevard F #F
New Toronto, Toronto, ON
$199,000
0Bd
0Ba
—sqft
17 x 57 ftlot
CommercialMLS# W13151432Listed 2026-05-200 DOM
Just listed! New listings in Toronto often receive offers within the first week.
About this home
Well-established and highly successful Middle Eastern restaurant operating since 1999. This long-standing business is a trusted staple in the Lake Shore community, proudly serving a loyal customer base and enjoying a strong local reputation. The owner is retiring and offering an excellent opportunity for an entrepreneur or operator to take over a proven and profitable business with continued growth potential. Training is available for the new owner to ensure a smooth transition. Features include a full basement, exterior patio for employees, and 1 rear parking space. Attractive lease terms with 3.5 years remaining plus a 5-year renewal option, along with low rent for the area. Please do not go direct.
Features
- Yes
Financials
Annual Taxes
$0
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield15.1% – 48.2%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market0 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
76
/ 100
Walk Score
Very Walkable
70
/ 100
Transit Score
Excellent Transit
68
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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