Toronto, ON · M9V 4B4 · MLS® W13451694Updated
$449,000
1620 Albion Rd #8 is a business in Toronto, listed for $449,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
This is the high-profit turnkey goldmine you've been waiting for! Welcome to Govardhan Thal, an absolute staple of authentic Indian vegetarian and Gujarati cuisine, perfectly situated in a prime, high-traffic pocket of Etobicoke, ON. This phenomenal business opportunity is a dream come true for seasoned restaurateurs, family operators, or ambitious entrepreneurs looking to capitalize on an established, cult-favorite brand. Boasting a massive and highly functional layout of approximately 2,050 square feet with seating capacity of 60 patrons, this location features incredibly cheap rent, a massive competitive advantage that keeps fixed overhead remarkably low and ensures maximum profitability from day one! The numbers speak for themselves: this operation generates, on average, an outstanding Total Monthly Revenue of $48,000 , while maintaining strictly optimized Total Monthly Expenses of just $19,000, resulting in a spectacular net income. Govardhan Thal has secured an enviable reputation and a fiercely loyal customer base who flock here to see the menu and indulge in legendary, comforting delicacies. The fully equipped, top tier setup handles high-volume dine-in buffet crowds, massive takeout and tiffin demand and highly lucrative catering services with ease. Best of all, the versatile infrastructure offers unlimited potential to rebrand or introduce a brand new culinary concept to a hungry local market. Do not miss your chance to secure an insanely lucrative, low risk food business with an unmatched rent-to-revenue ratio in a surging Etobicoke neighborhood. Opportunities with this level of cash flow and minimal overhead vanish instantly act fast and schedule your private viewing today before someone else takes your profit! ***Images are virtually staged along with people shown.*** Buyer / Buyer's representative to conduct their own due diligence on all business-related information.
Toronto business priced at $449,000 — book a tour to see if it fits your search.
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Closed sales on the TRREB MLS®.
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Listing brokerage: HOMELIFE/MIRACLE REALTY LTD, BrokerageMLS® W13451694 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. 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. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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Other homes for sale in Toronto around $449K.
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Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1 for lease at 1620 Albion Rd.
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1620 Albion Rd #8 is listed at $449,000 (MLS® W13451694). Summitly updates the price as soon as the MLS® record changes.
No — 1620 Albion Rd #8 is still listed at its original asking price of $449,000.
The listing for 1620 Albion Rd #8 doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
The nearest rapid-transit station is Albion Station (Line 6), about 230 m (about a 3-minute walk) in a straight line. Stevenson Station is about 440 m (about a 6-minute walk), and Martin Grove Station is about 600 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $449,000 is about 47% below the median sold price in Toronto over the last 90 days, $844,900, across 9,125 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.
Summitly has no earlier MLS® sale or lease of 1620 Albion Rd #8 on record from the last two years. Older records aren't shown under TRREB rules.
1620 Albion Rd #8 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
145 days — 1620 Albion Rd #8 was listed on June 16, 2026.
About $10,910 at the asking price of $449,000: $5,455 Ontario land transfer tax plus $5,455 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
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.
The listing for 1620 Albion Rd #8 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
The listing for 1620 Albion Rd #8 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
