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Home · Buy · Toronto C10 · 383 Eglinton Avenue E, Toronto, ON M4P 1M5
383 Eglinton Avenue E, Toronto, ON M4P 1M5
383 Eglinton Avenue E, Toronto, ON M4P 1M5
383 Eglinton Avenue E, Toronto, ON M4P 1M5
383 Eglinton Avenue E, Toronto, ON M4P 1M5
383 Eglinton Avenue E, Toronto, ON M4P 1M5+ 24 photos
For Sale · Sale Of Business

383 Eglinton Avenue E, Toronto, ON M4P 1M5

Toronto C10 · Mount Pleasant East
◷71 days on market
Other garage
▶ Virtual Tour
—
Beds
—
Baths
—
Parking
980 sq ft
Sq ft
—
Built

About this home

Exceptional opportunity to own a well-established Gabby's Franchise Pub & Restaurant in one of Toronto's busiest locations at Eglinton Avenue East & Mount Pleasant Road. Successfully operating for over 35 years, this profitable licensed restaurant enjoys a loyal customer base, strong neighborhood presence, and excellent visibility in a high-traffic commercial area. Weekly sales are approximately $15,000 (as per Seller), with over 70% of revenue generated from liquor sales, producing an impressive 75%+ gross profit margin on liquor. Very affordable occupancy costs with rent and TMI totaling only $4,484 per month. The business also includes a large one-bedroom apartment upstairs, currently rented for $2,000 per month, providing valuable additional income and helping offset operating expenses. Long-term lease in place until October 2030, plus one additional 5-year renewal option, offering long-term security. Fully LLBO licensed with 41 indoor seats and a 35-seat licensed outdoor patio, making it ideal for year-round dining and seasonal patio service. Operating hours are Monday to Friday from 3:00 PM to 2:00 AM and Saturday & Sunday from 12:00 Noon to 2:00 AM. Low flat franchise royalty and advertising fees. Online ordering is available through Uber Eats, DoorDash, and Gabby's online ordering platform, providing multiple revenue streams. Excellent opportunity for an owner-operator, family business, investor, or experienced restaurateur looking to acquire a profitable Toronto restaurant with stable cash flow and significant growth potential. Plenty of opportunities to increase sales through expanded marketing, catering, special events, sports nights, entertainment, and extended food promotions. Turnkey operation, repeat clientele, trained staff, and strong comm Rare. (We are not willing to de-brand, and any buyer is subject to approval to ensure they're a good fit. We won't hold anything up, but we do need to be confident the new buyer aligns with the operation.)

Property details

Listed on
July 6, 2026
Days on market
71 days
Property tax
$21,000 (2026)
Lot
23.656 × 82 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
C13527936

Full details

Parking
GarageOther

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
July 6, 2026—$230,000For SaleC13527936
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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$2,025
Toronto municipal LTT$2,025
Legal · title · inspection$2,800
Closing costs$6,850
Down payment$46,000
Total cash to close$52,850
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$230,000
MLS® C13527936 · Listed by REMAX YOUR COMMUNITY REALTY
▶ Virtual Tour
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of REMAX YOUR COMMUNITY REALTY. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated July 17, 2026.

$230,000

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Neighbourhood market

The Mount Pleasant East market

How homes are selling here right now — sold data for August 2026.

Seller's marketAll home types in Mount Pleasant East · 51 sales over 3 months
Buyer'sBalancedSeller's

Homes in Mount Pleasant East are selling in about 23 days, typically at 100.5% of asking. Expect competition and little room to negotiate.

Median sold · Mount Pleasant East
$1,610,000
▲ 5.2% year over year
Homes sold · this month
7
39 days on market avg
Sold vs asking
96.6%
under asking — room to negotiate
Other median · Toronto Central
—
12-month trend
See the full Toronto Central market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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