1118 Centre St #21 is a business in Vaughan, listed for $349,999.
1The business has built a massive customer database, strong local brand recognition, and consistent catering revenue with tremendous potential for further growth and expansion.
2The location comes fully equipped and furnished with a commercial kitchen setup, including a commercial exhaust hood, 2 shawarma grill stands, grillers, fryers, walk- in freezer & fridge, prep stations, and more.
3Turnkey operation ideal for owner operators, investors, or experienced restaurateurs looking to expand.
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Commercial Property in Vaughan
Unit 21 at 1118 Centre Street
An incredible opportunity to acquire a well-established and highly recognized shawarma takeout restaurant located in a very busy commercial plaza near Centre & Dufferin in Thornhill! Strategically positioned in a high-traffic plaza with strong visibility, loyal clientele, and excellent surrounding demographics, this location has successfully served the community for over a decade. The business has built a massive customer database, strong local brand recognition, and consistent catering revenue with tremendous potential for further growth and expansion. The new owner can continue operating under the existing well-established brand or bring in a new brand and concept, providing flexibility to suit their vision. There is also an option to purchase this location together with the second established location on Bathurst & Lawrence in North York. The location comes fully equipped and furnished with a commercial kitchen setup, including a commercial exhaust hood, 2 shawarma grill stands, grillers, fryers, walk- in freezer & fridge, prep stations, and more. Turnkey operation ideal for owner operators, investors, or experienced restaurateurs looking to expand. Benefit from attractive long-term lease terms and exceptionally low rental rates. Rare chance to take over a thriving, profitable operation with established systems, strong community presence, and a loyal customer base.
Vaughan business priced at $349,999 — book a tour to see if it fits your search.
Inside 1118 Centre St #21
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
1118 Centre St #21 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® N13795984$349,999
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1118 Centre St #21 Compares to the Vaughan Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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How long is your commute?
From 1118 Centre St #21. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market33Homes sold in about 33 days on average.
Sale-to-list ratio97.6%On average, homes sold below asking.
Active listings1,605Homes for sale here right now.
Median vs prior 90 days+4.9%Compared with May 3 – Aug 1, 2026: prices up.
Based on 1,133 sales from Aug 1 – Oct 30, 2026 (888 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1118 Centre St #21 is listed at $349,999 (MLS® N13795984). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1118 Centre St #21 changed?
No — 1118 Centre St #21 is still listed at its original asking price of $349,999.
How many bedrooms and bathrooms does 1118 Centre St #21 have?
The listing for 1118 Centre St #21 doesn't publish its bedroom and bathroom count. It is a commercial property in Vaughan.
Is 1118 Centre St #21 close to transit?
The nearest rapid-transit station is Langstaff GO Station (Richmond Hill GO), about 2.5 km in a straight line. Finch Station is about 4.0 km, and Old Cummer GO Station is about 5.0 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1118 Centre St #21 compare with other homes in Vaughan?
Its asking price of $349,999 is about 69% below the median sold price in Vaughan over the last 90 days, $1,142,500, across 1,133 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 1118 Centre St #21 been sold before?
Summitly has no earlier MLS® sale or lease of 1118 Centre St #21 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1118 Centre St #21?
1118 Centre St #21 is in Vaughan, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1118 Centre St #21 been on the market?
44 days — 1118 Centre St #21 was listed on September 16, 2026.
What is the land transfer tax on 1118 Centre St #21?
About $3,725 in Ontario land transfer tax at the asking price of $349,999. First-time buyers can get up to $4,000 back. Legal fees and other closing costs are extra.
How do I book a viewing of 1118 Centre St #21 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 1118 Centre St #21?
The listing for 1118 Centre St #21 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Vaughan.
When was 1118 Centre St #21 built?
The listing for 1118 Centre St #21 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
