12 - 120 Queen Plate Drive, Toronto, ON M9W 0B4
West Humber-Clairville, Toronto · Near Hwy 27/Rexdale Blvd · View map
About this home
Exceptional opportunity to acquire a fully equipped, turn-key restaurant located in a highly desirable and high-traffic commercial plaza at 120 Queens Plate Dr, strategically positioned near Woodbine Casino and Hwy 27/Rexdale Blvd in the heart of Etobicoke/Brampton corridor. This well-established and popular Indian restaurant has built a strong reputation in the community,supported by a loyal customer base and consistent revenue stream, making it a proven money-maker.The spacious 4,502 sq. ft. facility is designed for high-volume food and beverage operationsand features a fully licensed LLBO bar, seating capacity for approximately 150 guests indoorsplus 65 patio seats, and an efficient layout ideal for smooth service flow. The kitchen isfully equipped with 20 ft commercial exhaust hoods, walk-in fridge, walk-in freezer, extensive prep areas, and a full-service commercial kitchen setup that can easily be adapted to any cuisine, subject to landlord approval.Located in a AAA tenant plaza with strong visibility and heavy traffic, the restaurant offers excellent growth potential. Current lease is $20,000/month (including TMI plus HST). The seller is willing to provide full training to ensure a seamless transition for the new operator.This is a rare, turnkey opportunity for an ambitious operator or investor to take over athriving and well-established restaurant in a prime location with significant upside potential.
The home
- Type
- Sale of business
- Square footage
- 4502 sq ft
- Bathrooms
- 4
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Closed
- Air conditioning
- Yes
Garage & parking
- Total parking
- None
Taxes & other
- Property taxes
- $28,898/yr
- Tax year
- 2025
- Occupancy
- Owner
- Possession
- TBD
- Cross street
- Hwy 27/Rexdale Blvd
- Neighbourhood
- West Humber-Clairville
More
- MLS® number
- W13850262
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
120 Queen Plate Drive, Toronto, ON M9W 0B4
West Humber-Clairville, Toronto · Near Hwy 27/Rexdale Blvd
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Listing history for 120 Queen Plate Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 12 - 120 Queen Plate Drive
Answers come straight from this home’s MLS® listing.
How much is 12 - 120 Queen Plate Drive listed for, and what would it cost each month?
12 - 120 Queen Plate Drive is listed for $499,990. With 20% down ($99,998), the mortgage payment would be roughly $2,017 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $4,425 a month, all in. That figure is an illustration, not a quote.
Is 12 - 120 Queen Plate Drive freehold or a condo, and is there a monthly fee?
12 - 120 Queen Plate Drive is a sale of business in West Humber-Clairville, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.
Does 12 - 120 Queen Plate Drive have a garage and parking?
The listing does not show a garage. The listing does not include a parking space.
What style of home is 12 - 120 Queen Plate Drive?
12 - 120 Queen Plate Drive is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 12 - 120 Queen Plate Drive heated and cooled?
Heating is gas forced air closed. Cooling is yes.
What are the property taxes for 12 - 120 Queen Plate Drive?
Property taxes are $28,898 a year (2025), or about $2,408 a month.
Where is 12 - 120 Queen Plate Drive?
12 - 120 Queen Plate Drive is in the West Humber-Clairville community of Toronto. The nearest main intersection is Hwy 27/Rexdale Blvd. The postal code is M9W 0B4.
Is 12 - 120 Queen Plate Drive still for sale?
Yes. It is an active listing (MLS® W13850262). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 12 - 120 Queen Plate Drive asking?
Similar properties for sale nearby right now include 12 - 120 Queen Plate Drive at $3,799,900, 225 - 998 Martin Grove Road at $499,999 and 326 - 998 Martin Grove Road at $499,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 120 Queen Plate Drive sold for?
Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.
How do I book a showing at 12 - 120 Queen Plate Drive?
Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.
Have a different question? Ask about this home and get an answer, usually within the hour.
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Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.