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$1,288,888
Available - For Sale
Listing ID: E12813784
An exceptional opportunity to acquire a 9,750 SF flagship commercial hospitality unit located within the prestigious Oriental Plaza. This turnkey asset features a licensed banquet hall and full-service restaurant, complemented by a dedicated meal-prep operation offering diverse, high-demand cuisines. The unit is fully outfitted with professional-grade commercial kitchen equipment, complete banquet hall and restaurant chattels, and is designed to support high-volume operations. LLBO in progress, positioning the asset for enhanced revenue generation. Strategically situated in a prime Scarborough location, moments from Highway 401, Scarborough Town Centre, and the vibrant commercial corridor along Sheppard Avenue. The location benefits from strong traffic flow, established footfall, and surrounding amenities-ideal for sustained business growth.This offering is perfect for sophisticated hospitality investors and operators seeking multiple revenue streams, including private events, banquets, dine-in service, catering, and meal-prep production. Complimentary underground parking for restaurant patrons and event guests further enhances customer convenience and operational efficiency.
Price $1,288,888
Taxes: $39,000
Tax Type: Annual
Monthly Condo Fee: $15497
Occupancy by: Tenant
Address: 4438 Sheppard Avenue East , Toronto, M1S 5V9, Toronto
Postal Code: M1S 5V9
Province/State: Toronto
Legal Description: Tscp No. 1644 Level 2 Units 43,44,45,46
Directions/Cross Streets: Sheppard /Brimley
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Washroom 11 0
Washroom 12 0
Washroom 13 0
Washroom 14 0
Washroom 15 0
Category: Commercial Condo
Building Percentage: F
Total Area: 9,750
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Business/Building Name: Oriental Centre
Chattels: T
Franchise: F
Days Open: O
Seats: 250
Maintenance: 0
Sprinklers: Yes
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Water: Water Sys
Water Supply Types: Water System
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4438 Sheppard Avenue East , Toronto, M1S 5V9, Toronto

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Maria Tompson
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416-548-7854
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Type: Com - Commercial Retail
Area: Toronto
Municipality: Toronto E07
Neighbourhood: Agincourt South-Malvern West
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Tax: $39,000
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Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
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Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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