A turnkey, fully built-out 65-seat licensed restaurant at Sheppard & Midland, on one of Scarborough's busiest commercial corridors. Recently and extensively renovated to a high standard, in mint condition, clean and operating: approximately 65 seats, LLBO licensed, and a commercial kitchen under roughly 30 feet of hood, capacity that supports almost any cuisine. The dining room is finished with warm contemporary Indian detailing, but the layout and infrastructure are cuisine-agnostic, so a new operator can rebrand and reconcept with minimal change to the build-out - the capital is already in the ground. Approximately 1.5 years remain on the current term plus a 5+5 -year renewal option, a long runway with no near-term uncertainty. The location does the marketing: the unit sits on Agincourt's principal retail spine with aBMO branch in the same plaza and a Scotiabank at the intersection, Agincourt GO Station on theStouffville line a short walk along the same street, and TTC's 85 Sheppard East, 985 SheppardEast Express and 904 Sheppard-Kennedy Express all serving this corridor with a stop atSheppard and Midland - surrounded by one of Toronto's densest and most diverse diningcatchments, the Agincourt secondary school cluster, and the approved Agincourt Mall masterplanned redevelopment bringing significant new residential density within minutes. Ample plaza parking. Lease documentation released to qualified buyers upon execution of a confidentiality agreement; please do not approach staff or attend without an appointment; showings through the listing agent only.
Toronto business priced at $275,000 — book a tour to see if it fits your search.
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Listing brokerage: RE/MAX OPTIMUM REALTY, BrokerageMLS® E14099776 · Listing data last updated
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4271 Sheppard Ave E #B is listed at $275,000 (MLS® E14099776). Summitly updates the price as soon as the MLS® record changes.
No — 4271 Sheppard Ave E #B is still listed at its original asking price of $275,000.
The listing for 4271 Sheppard Ave E #B doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
The nearest rapid-transit station is Agincourt GO Station (Stouffville GO), about 700 m (about a 9-minute walk) in a straight line. Milliken GO Station is about 4.7 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $275,000 is about 67% below the median sold price in Toronto over the last 90 days, $845,000, across 9,303 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 4271 Sheppard Ave E #B on record from the last two years. Older records aren't shown under TRREB rules.
4271 Sheppard Ave E #B is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
2 days — 4271 Sheppard Ave E #B was listed on October 20, 2026.
About $5,200 at the asking price of $275,000: $2,600 Ontario land transfer tax plus $2,600 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.
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The listing for 4271 Sheppard Ave E #B 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 4271 Sheppard Ave E #B doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.