Address
1620 Albion Road # 8, Toronto, ON
Price
$ 449,000
Property Attributes
  • ID#W13451694
  • TypeCommercial
  • Listing Status New
  • CityToronto
  • AreaMount Olive-Silverstone-Jamestown
  • NeighbourhoodMount Olive-Silverstone-Jamestown
  • Postal CodeM9V 4B4
  • StyleRestaurant
  • Price$ 449,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

THIS IS THE HIGH-PROFIT TURNKEY GOLDMINE YOU'VE BEEN WAITING FOR! Welcome to Govardhan Thal, an absolute staple of authentic Indian vegetarian and Gujarati cuisine, perfectly situated in a prime, high-traffic pocket of Etobicoke, ON. This phenomenal business opportunity is a dream come true for seasoned restaurateurs, family operators, or ambitious entrepreneurs looking to capitalize on an established, cult-favorite brand. Boasting a massive and highly functional layout of approximately 2,050 square feet with seating capacity of 60 patrons, this location features incredibly cheap rent, a massive competitive advantage that keeps fixed overhead remarkably low and ensures maximum profitability from day one! The numbers speak for themselves: this operation generates, on average, an outstanding Total Monthly Revenue of $48,000 , while maintaining strictly optimized Total Monthly Expenses of just $19,000, resulting in a spectacular net income. Govardhan Thal has secured an enviable reputation and a fiercely loyal customer base who flock here to see the menu and indulge in legendary, comforting delicacies. The fully equipped, top tier setup handles high-volume dine-in buffet crowds, massive takeout and tiffin demand and highly lucrative catering services with ease. Best of all, the versatile infrastructure offers unlimited potential to rebrand or introduce a brand new culinary concept to a hungry local market. Do not miss your chance to secure an insanely lucrative, low risk food business with an unmatched rent-to-revenue ratio in a surging Etobicoke neighborhood. Opportunities with this level of cash flow and minimal overhead vanish instantly act fast and schedule your private viewing today before someone else takes your profit! ***Images are virtually staged along with people shown.*** Buyer / Buyer's representative to conduct their own due diligence on all business-related information.

Price History
6/16/2026 Listed $449,000

General Features

Cooling Yes
Heater Type Gas Forced Air Open
Unit Number 8
Property Subtype Sale Of Business
Tax Year 2026
Lot Depth 829.49
Business Type Restaurant
Community Features Public Transit,Recreation/Community Centre
County Toronto
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status New
City Toronto W10
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 0.0
Virtual Tour https://youtube.com/shorts/R-tBGHTtwQ0?feature=share
Standard Status Active
Occupancy Type Owner

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
SeatingCapacity 45

Exterior Features

Garage Type None
Spa No
Lot Size Source GeoWarehouse
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 M9V 4B4

Price
AVG $450K
$450K
Visits
AVG 93
183
Data Provided by Inside Real Estate®