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1 Bath Commercial Property in Toronto
About 1960 Lawrence Avenue East
Excellent opportunity to acquire a fully equipped, turnkey restaurant in a busy Scarborough plaza. The premises feature approximately 813 Sq.ft. with a Professionally designed commercial kitchen including a 10 foot exhaust hood, Fire suppression system, make -up air unit, HVAC System, Grease Trap, gas line, walk in Cooler/Freezer, Clover System, 15 seating's and quality kitchen equipment. The restaurant is ideal for takeout, Catering or dine-in. Conveniently located on a high-traffic confider with excellent visibility, ample Customer parking and Strong residential and Commercial Surroundings. The sale includes the business assets, equipment, lease hold improvements, goodwill and existing branding. This is an excellent opportunity for an owner-operator or an established restaurant group looking to expand. Turnkey restaurant operation. Fully equipped commercial kitchen . Halal restaurant concept. Excellent exposure and customer parking. Suitable for Indian, Sri Lankan, middle eastern, Pakistani or other permitted food concepts.
Toronto business priced at $159,000 — book a tour to see if it fits your search.
Inside 1960 Lawrence Ave E
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
1960 Lawrence Ave E Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E13723864$159,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 1960 Lawrence Ave E Compares to the Toronto 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.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
How long is your commute?
From 1960 Lawrence Ave E. Typical times without traffic delays; transit times aren't available yet.
For homeowners nearby
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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 market31Homes sold in about 31 days on average.
Sale-to-list ratio5079.0%On average, homes sold at or above asking.
Active listings13,798Homes for sale here right now.
Median vs prior 90 days+2.6%Compared with Apr 19 – Jul 18, 2026: prices up.
Based on 9,337 sales from Jul 18 – Oct 16, 2026 (6,683 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1960 Lawrence Ave E is listed at $159,000 (MLS® E13723864). Summitly updates the price as soon as the MLS® record changes.
Has the price of 1960 Lawrence Ave E changed?
No — 1960 Lawrence Ave E is still listed at its original asking price of $159,000.
How many bedrooms and bathrooms does 1960 Lawrence Ave E have?
1960 Lawrence Ave E has 1 bathroom. It is a commercial property in Toronto.
Is 1960 Lawrence Ave E close to transit?
The nearest rapid-transit station is Hakimi Lebovic Station (Line 5), about 2.1 km in a straight line. Golden Mile Station is about 2.1 km, and Pharmacy Station is about 2.1 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 1960 Lawrence Ave E compare with other homes in Toronto?
Its asking price of $159,000 is about 81% below the median sold price in Toronto over the last 90 days, $847,500, across 9,337 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 1960 Lawrence Ave E been sold before?
Summitly has no earlier MLS® sale or lease of 1960 Lawrence Ave E on record from the last two years. Older records aren't shown under TRREB rules.
Where is 1960 Lawrence Ave E?
1960 Lawrence Ave E is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 1960 Lawrence Ave E been on the market?
49 days — 1960 Lawrence Ave E was listed on August 28, 2026.
What is the land transfer tax on 1960 Lawrence Ave E?
About $2,630 at the asking price of $159,000: $1,315 Ontario land transfer tax plus $1,315 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.
How do I book a viewing of 1960 Lawrence Ave E 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 1960 Lawrence Ave E?
The listing for 1960 Lawrence Ave E doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 1960 Lawrence Ave E built?
The listing for 1960 Lawrence Ave E doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
