21 - 1118 Centre Street, Vaughan
An incredible opportunity to acquire a well-established and highly recognized shawarma takeout restaurant located in a very busy commercial plaza near Centre & Dufferin in Thornhill! Strategically positioned in a high-traffic plaza with strong visibility, loyal clientele, and excellent surrounding demographics, this location has successfully served the community for over a decade. The business has built a massive customer database, strong local brand recognition, and consistent catering revenue with tremendous potential for further growth and expansion. The new owner can continue operating under the existing well-established brand or bring in a new brand and concept, providing flexibility to suit their vision. There is also an option to purchase this location together with the second established location on Bathurst & Lawrence in North York. The location comes fully equipped and furnished with a commercial kitchen setup, including a commercial exhaust hood, 2 shawarma grill stands, grillers, fryers, walk- in freezer & fridge, prep stations, and more. Turnkey operation ideal for owner operators, investors, or experienced restaurateurs looking to expand. Benefit from attractive long-term lease terms and exceptionally low rental rates. Rare chance to take over a thriving, profitable operation with established systems, strong community presence, and a loyal customer base. (id:1945)
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Property details for 21 - 1118 Centre Street, Vaughan
- Type
- Commercial
- Living Area
- 1,200 square feet
- Lot Size
- Unit=20 x 60 FT
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 21 - 1118 Centre Street
Active Listings
181
Min Price
$4,999
Max Price
$17,800,000
Avg Price
$1,489,643
Days on Market
74
days
Sold Listings
81
Min Sold Price
$149,000
Max Sold Price
$8,900,000
Avg Sold Price
$1,093,755
Days until Sold
62
days
Neighbourhood Census Data
Vaughan, Ontario
Population
1,175
Median Age
41.5
Median Income
$38,848
Dwelling Value
$949,794
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.4
Pop. Density: 3,762.4/km²
Avg Shelter Cost: $2,000/mo
Owners with Mortgage: 58.6%
Owners Spending 30%+: 21.4%
Tenants Spending 30%+: 0%
English only: 88.1%
French only: 0.4%
English and French: 9.4%
Neither: 1.7%
Median Household Income: $130,816
Median Employment Income: $36,096
Price History
Listed
September 17, 2026
by RE/MAX WEST REALTY INC.
Current Price
$349,999
Type
Commercial
For Sale
