$ 600,000

16 - 1960 Ellesmere Road, Toronto

Welcome to Wright Custom Cabinetry Inc. An Excellent opportunity to acquire a well-established kitchen cabinet manufacturing business in a prime Scarborough location. Located at 1960 Ellesmere Road, Unit 16, this fully operational business occupies approximately 3,000 sq. ft. and has been serving builders, contractors, renovators, and retail customers for over five years.The business includes over $500,000 worth of manufacturing equipment (as stated by the seller), including a CNC machine, edge bander, hydraulic cold press, industrial table saw, forklift, dust collection systems, compressor, office furniture, computers, and numerous additional tools required for day-to-day operations. Inventory is included in the purchase price. The seller is willing to provide training to facilitate a smooth transition. Favorable lease in place with current rent of $4,056/month including TMI & HST, with the lease extending to May 2029 and 5 Years renewal options available (subject to landlord approval where applicable). Shipping and receiving facilities, loading access, and ample plaza parking are available.The seller advises that the business has an established customer base with a high percentage of repeat clients. Seller states annual gross revenue exceeded $1.1 million in 2025. All financial information is provided by the seller and is subject to buyer verification during the due diligence period.Financial statements and additional business information are available to qualified buyers upon execution of a Confidentiality Agreement (NDA) and during the due diligence period. Buyer to verify all measurements, financial information, equipment values, inventory, lease terms, and all other details independently.For a complete list of included equipment, inventory, and chattels, please refer to Schedule C. (id:1945)
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Property details for 16 - 1960 Ellesmere Road, Toronto

Type
Commercial
Living Area
3,000 square feet
Heating
Forced air, Natural gas
Cooling
Partially air conditioned

Nearby Listings Stat

Estimated price and comparable properties near 16 - 1960 Ellesmere Road

Active Listings
208
Min Price
$1
Max Price
$8,999,000
Avg Price
$788,328
Days on Market
54
days
Sold Listings
106
Min Sold Price
$188,000
Max Sold Price
$7,290,000
Avg Sold Price
$763,492
Days until Sold
76
days

Neighbourhood Census Data

Toronto, Ontario

Population
4,680
Median Age
32
Median Income
$16,878
Dwelling Value
$400,480

Housing Tenure

Owners 9%
Renters 91%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.7
Pop. Density: 2,287.7/km²
Avg Shelter Cost: $1,215/mo
Owners with Mortgage: 41.4%
Owners Spending 30%+: 24.1%
Tenants Spending 30%+: 39.9%
English only: 89.8%
French only: 0.1%
English and French: 4%
Neither: 6.2%
Median Household Income: $32,512
Median Employment Income: $15,712

Price History

Listed
July 22, 2026
by REALTY 21 INC.
Current Price
$600,000
-27.6% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $600,000 $229,000 (-27.6%)
Aug 18, 2026 $829,000 Listed

Contact Agent Get in touch about 16 - 1960 Ellesmere Road, Toronto

HISHAM UDDIN CHISTI
HISHAM UDDIN CHISTI
REALTY 21 INC.