Home · Buy · Toronto E08 · 284-296 Markham Road 296, Toronto, ON M1J 3C5
+ 24 photos
For Sale · Sale Of Business
284-296 Markham Road 296, Toronto, ON M1J 3C5
Toronto E08 · Scarborough Village
Plaza garage
0
Beds
1
Baths
0
Parking
1000 sq ft
Sq ft
0-5 yrs
Built
The honest picture
List price
$139,999
Renavu Estimate
—
Benchmark · All homes
$788,100
Listed 82% below the Scarborough Village benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
Excellent Opportunity To Own A Well-Established Business At 296 Markham Rd. Located In A Busy And Vibrant Area With Strong Foot And Vehicle Traffic, This Versatile Commercial Space Is Ideal For Restaurant, Retail, Service, Or Office Use. Surrounded By Established Businesses And Residential Neighbourhoods, The Property Offers Excellent Visibility And Signage Potential.This Is An Amazing Family-Owned Indian Restaurant With Steady Walk-In And Repeat Clientele. The Space Has Been Newly Renovated, With Over $200,000 Spent On Upgrades, Including Fresh Flooring, New Paint, Upgraded Electrical Work, A New Pos System With Quartz Countertop, And More.The Fully Equipped Kitchen Is A Chef's Dream, Featuring A Large Commercial Hood, Standing freezer and cooler, Sinks, Ample Storage, And Quality Chattels And Fixtures. The Restaurant Also Includes Three Warmers At The Front, Making It Ideal For High-Volume Service.Close To Major Transit Routes With Attractive Rent. A Rare Opportunity For The Right Buyer Looking To Step Into A Turnkey Operation In A Prime Location. Opportunity Knocks-Don't Miss Out!
Property details
Listed on
February 19, 2026
Days on market
156 days
Property tax
$0 (2026)
Lot
13.11 × 65 Feet
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
E12800154
Full details
Parking
GaragePlaza
Property & sold history
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See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$1,125
Toronto municipal LTT$1,125
Legal · title · inspection$2,800
Closing costs$5,050
Down payment$7,000
Total cash to close$12,050
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.