Toronto, ON · M1V 4S3 · MLS® E13093986Updated
$250,000
58 Redlea Ave is a 2-bathroom business in Toronto, listed for $250,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
One of a kind restaurant business opportunity situated at busy intersection of Scarborough and Markham. A standalone building/unit with its own parkings where across Pacific Mall and Splendid China Mall. Walking distance to GO train station and public transit. Surround by residential houses and commercial businesses. It is very well maintained and is one of famous restaurant in Toronto for many years at this location. Low monthly rent of $5650 included HST.
Toronto business priced at $250,000 — book a tour to see if it fits your search.
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Lot & land
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Sourced from MLS®. Includes earlier listings of this property on record.
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Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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Closed sales on the TRREB MLS®.
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Listing brokerage: REALTRIUM REALTY, BrokerageMLS® E13093986 · 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.
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.
Other homes for sale in Toronto around $250K.
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Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 9,205 sales from Aug 12 – Nov 10, 2026 (7,279 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
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Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.
58 Redlea Ave is listed at $250,000 (MLS® E13093986). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $350,000 and is now $250,000, a drop of $100,000 (28.6%).
58 Redlea Ave has 2 bathrooms. It is a commercial property in Toronto.
The nearest rapid-transit station is Milliken GO Station (Stouffville GO), about 290 m (about a 4-minute walk) in a straight line. Unionville GO Station is about 3.2 km, and Agincourt GO Station is about 4.5 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $250,000 is about 70% below the median sold price in Toronto over the last 90 days, $840,000, across 9,205 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 58 Redlea Ave on record from the last two years. Older records aren't shown under TRREB rules.
58 Redlea Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
188 days — 58 Redlea Ave was listed on May 6, 2026.
About $4,450 at the asking price of $250,000: $2,225 Ontario land transfer tax plus $2,225 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 58 Redlea Ave 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 58 Redlea Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
