Address
2923 Lawrence Avenue E, Toronto, ON
Price
$ 149,000
Property Attributes
  • ID#E13474298
  • TypeCommercial
  • Listing Status New
  • CityToronto
  • AreaBendale
  • NeighbourhoodBendale
  • Postal CodeM1P 2T8
  • StyleFast Food/Takeout
  • Price$ 149,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1775
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Turnkey opportunity to acquire a top-rated GTA momo brand and multi-channel culinary business. Strategically located in a high-density, food-loving Scarborough hub at 2923 Lawrence Ave E within the thriving Wexford Heights BIA, this high-traffic location enjoys immense exposure near major landmarks and the annual Taste of Lawrence festival. Low rent of just $3,800/month includes TMI, with a 1+4 year lease term and the option to obtain a brand-new lease from the landlord. Boasting a stellar 4.8-star digital reputation with hundreds of glowing reviews, the business features a recession-proof revenue model spanning a high-volume takeout/delivery operation, lucrative event catering, and a proven, scalable wholesale framework distributing frozen momo packs to GTA supermarkets. Fully equipped with streamlined small-batch manufacturing systems, standardized proprietary recipes, and a fully trained kitchen staff, it operates seamlessly with minimal owner supervision. Backed by strong delivery partnerships, an active social media following, and a diverse, Halal-certified menu perfectly aligned with regional demographics, this high-margin asset is primed for immediate cash flow on Day 1 and effortless expansion across Ontario.

Price History
6/22/2026 Listed $149,000

General Features

Cooling Yes
Heater Type Gas Forced Air Closed
Property Subtype Sale Of Business
Tax Year 2026
Lot Depth 100.0
Business Type Fast Food/Takeout
County Toronto
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Toronto E09
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 0.0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant

Interior Features

Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No

Exterior Features

Garage Type None
Spa No
Building Area Total 1775.0
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in M1P 2T8

Price
AVG $150K
$150K
Visits
AVG 246
246
Data Provided by Inside Real Estate®