Michael Tzakas
Sales Representative
RE/MAX Hallmark Realty Ltd, Brokerage
Independently owned and operated.
685 Sheppard Ave East, Richmond Hill, Ontario M2K 1B6
Cell: 416-561-3911Office: 416-494-7653
$1,288,888
Available - For Sale
Listing ID: E12813784
4438 Sheppard Avenue East , Toronto, M1S 5V9, Toronto
| An exceptional opportunity to acquire a 9,750 SF flagship commercial hospitality unit located within the prestigious Oriental Plaza. This turnkey asset features a licensed banquet hall and full-service restaurant, complemented by a dedicated meal-prep operation offering diverse, high-demand cuisines. The unit is fully outfitted with professional-grade commercial kitchen equipment, complete banquet hall and restaurant chattels, and is designed to support high-volume operations. LLBO in progress, positioning the asset for enhanced revenue generation. Strategically situated in a prime Scarborough location, moments from Highway 401, Scarborough Town Centre, and the vibrant commercial corridor along Sheppard Avenue. The location benefits from strong traffic flow, established footfall, and surrounding amenities-ideal for sustained business growth.This offering is perfect for sophisticated hospitality investors and operators seeking multiple revenue streams, including private events, banquets, dine-in service, catering, and meal-prep production. Complimentary underground parking for restaurant patrons and event guests further enhances customer convenience and operational efficiency. |
| Price | $1,288,888 |
| Taxes: | $39000.00 |
| Tax Type: | Annual |
| Monthly Condo Fee: | $15497 |
| Occupancy: | Tenant |
| Address: | 4438 Sheppard Avenue East , Toronto, M1S 5V9, Toronto |
| Postal Code: | M1S 5V9 |
| Province/State: | Toronto |
| Legal Description: | Tscp No. 1644 Level 2 Units 43,44,45,46 |
| Directions/Cross Streets: | Sheppard /Brimley |
| Washroom Type | No. of Pieces | Level |
| Washroom Type 1 | 0 | |
| Washroom Type 2 | 0 | |
| Washroom Type 3 | 0 | |
| Washroom Type 4 | 0 | |
| Washroom Type 5 | 0 |
| Category: | Commercial Condo |
| Building Percentage: | F |
| Total Area: | 9750.00 |
| Total Area Code: | Square Feet |
| Retail Area Code: | Sq Ft |
| Business/Building Name: | Oriental Centre |
| Chattels: | T |
| Franchise: | F |
| Days Open: | O |
| Seats: | 250 |
| Sprinklers: | Yes |
| Washrooms: | 0 |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Yes |
| Water: | Water Sys |
| Water Supply Types: | Water System |
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Michael Tzakas
Sales Representative
Dir:
416-561-3911
Bus:
416-494-7653
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At a Glance:
| Type: | Com - Commercial Retail |
| Area: | Toronto |
| Municipality: | Toronto E07 |
| Neighbourhood: | Agincourt South-Malvern West |
| Tax: | $39,000 |
| Fireplace: | N |
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