+ 19 photosFor Sale · Sale Of Business
58 Redlea Avenue, Toronto, ON M1V 4S3
Toronto E07 · Milliken
0
Beds
2
Baths
0
Parking
—
Sq ft
—
Built
The honest picture
Listed 62% below the Milliken benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
One of a kind restaurant business opportunity situated at busy intersection of Scarborough and Markham. A standalone building/unit with its own parkings where across Pacific Mall and Splendid China Mall. Walking distance to GO train station and public transit. Surround by residential houses and commercial businesses. It is very well maintained and is one of famous restaurant in Toronto for many years at this location. Low monthly rent of $5650 included HST.
Property details
Listed on
May 7, 2026
Days on market
78 days
Property tax
$18,374 (2025)
Lot
50 × 135 Feet
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
E13093986
Full details
Parking
GarageOutside/Surface
Property & sold history
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True cost to close
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$2,900
Toronto municipal LTT$2,900
Legal · title · inspection$2,800
Closing costs$8,600
Down payment$14,750
Total cash to close$23,350
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.
