R007 - 300 Borough Drive, Toronto
TURNKEY FRANCHISE OPPORTUNITY AT SCARBOROUGH TOWN CENTRE! Exceptional opportunity to acquire a newly established Malvon franchise ideally located in the prime food court at Scarborough Town Centre with High foot traffic near the subway mall entrance. Established in March 2026, the business is already experiencing strong sales growth, currently generating approximately $35,000/month in sales. Specializing in popular freshly baked empanadas and alfajores, this turnkey concept offers a simple and efficient operation. All products arrive frozen and are baked fresh daily, providing consistent quality with minimal preparation. The business can be efficiently operated by one person, making it an attractive opportunity for an owner-operator or investor. Currently operated as an absentee-owner business, there is significant opportunity for an active owner to further optimize operations. Based on current performance, owner-operator net profit is projected at over $100,000 annually. Excellent lease structure with 7 years remaining at $12,000/month, inclusive of TMI, HST, utilities and a dedicated storage room. Prime food court positioning offers excellent visibility and access to consistent mall traffic. Prime Scarborough Town Centre location. A rare turnkey opportunity to acquire a growing franchise in a premier shopping-centre location with a proven concept, streamlined operations and substantial upside for an owner-operator. Please do not speak to staff/customers (absent owner). (id:1945)
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Property details for R007 - 300 Borough Drive, Toronto
- Type
- Commercial
- Living Area
- 300 square feet
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near R007 - 300 Borough Drive
Active Listings
281
Min Price
$1
Max Price
$8,999,000
Avg Price
$787,871
Days on Market
59
days
Sold Listings
127
Min Sold Price
$69,000
Max Sold Price
$7,290,000
Avg Sold Price
$706,598
Days until Sold
75
days
Neighbourhood Census Data
Toronto, Ontario
Population
1,311
Median Age
30.8
Median Income
$17,088
Dwelling Value
$280,238
Housing Tenure
Owners 54%
Renters 46%
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 2
Pop. Density: 1,909.4/km²
Avg Shelter Cost: $1,380/mo
Owners with Mortgage: 65.8%
Owners Spending 30%+: 43.1%
Tenants Spending 30%+: 69.4%
English only: 88.6%
English and French: 2.7%
Neither: 8.4%
Median Household Income: $38,144
Median Employment Income: $28,267
Price History
Listed
September 17, 2026
by HOMELIFE/BAYVIEW REALTY INC.
Current Price
$149,000
Type
Commercial
For Sale