Zoocasa Realty Inc., Brokerage

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CAONScarboroughMalvern19 Lapsley Rd
Listing image | Image 1

19 Lapsley Rd, Scarborough, ON

House

Other

Listed price in listed location currency (CAD).
$275,000

000

MLS® E13842850

Overview

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage None
Taxes 
Days Active 45
Lot Size 
Approx. Age 
MLS® Number E13842850

Property Address: 19 Lapsley Rd, Scarborough, ON, M1B1K1

Average square foot calculated using Size range provided by listing agent.

Description

Turnkey restaurant opportunity in a busy, well-established Scarborough plaza - a rare chance to step into a fully built, mint-condition kitchen with no construction cost, no permit delays and no build-out budget. Constructed new only a few years ago and meticulously maintained, the room seats 36 in a warm contemporary setting and is anchored by a full 16-foot commercial hood, a system sized well beyond what most rooms this size carry and enough to run tandoor, wok, grill and fryer lines together, so the kitchen will support virtually any cuisine a new owner brings to it. Just as telling is why it is available: the previous operator did not fail here - they succeeded, outgrew the space and relocated to a larger location, leaving behind proven demand, an established customer habit and equipment barely broken in. The plaza generates genuine daily traffic of its own, anchored by a TD Canada Trust branch, Pizza Pizza, a medical clinic and other food tenants, with ample surface parking at the door. The surrounding community is one of Toronto's youngest and most diverse - more than 44, 000 residents and over 60 cultures represented, among the highest concentrations of young people anywhere in the country. Centennial College's Progress Campus, home to its Schools of Business and of Hospitality, Tourism and Culinary Arts, is minutes away, offering both student traffic and a genuine local hiring pool. Dense residential and commercial blocks, temples and places of worship, schools, parks and a hospital are all close by, with TTC routes at the door and Highway 401 minutes south for delivery, catering and commuter reach. Ideal for a family business, a first restaurant, a second location or a concept conversion - a low-risk entry into a growing market with real room to grow. Equipment list, lease terms and financials available to qualified buyers on a signed confidentiality agreement.
MLS® NumberE13842850
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageNone
Approx. Age
Basement
DrivewayGarage Type:None
Garage Spaces
HeatGas Forced Air Closed
A/CYes

Extras

Price History

Last Sold Price

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Appreciation

--

Avg. Days Listed

--

Today, Other for $275,000

Other · 44 days

$275,000

MLS® E13842850

A month ago

Not Sold Yet

September 2026, Other for $275,000

Other · 44 days

$275,000

MLS® E13842850

A month ago

Not Sold Yet

January 2025, Withdrawn for $399,000

Trust Deposit Instruction
Withdrawn · 98 days

$399,000

MLS® E9381555

2 years ago

Canceled on Jan 10, 2025

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Zoocasa Realty Inc., Brokerage

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Zoocasa Realty Inc., Brokerage

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Zoocasa Realty Inc., Brokerage

© AGNT, Inc. All Rights Reserved

A group of people at an event are laughing and cheering, with one man enthusiastically greeting a seated couple in the front row.
A group of people at an event are laughing and cheering, with one man enthusiastically greeting a seated couple in the front row.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.

eXp Realty holds real estate brokerage licenses in multiple states. Zoocasa (Canada), Inc. holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, 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 trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

MLS® Compliance Statements
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eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice→ 

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More→ 

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker
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eXp Realty of Greater Los Angeles, Inc. | CA DRE# 02188471 | Anita Cruz – Designated Broker
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