For saleMLS® E13093986

58 Redlea Avenue, Toronto, ON M1V 4S3

Milliken, Toronto · Near Steeles/Kennedy · View map

$250,000
2Baths
Sale of businessType
Outside/SurfaceGarage
NoneParking
$18,374/yrTaxes
$250,000
FreeholdNo monthly condo fee
Outside/Surface garageFrom the listing
Lot 50 x 135 ftThe land comes with the home

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.

The home

Type
Sale of business
Bathrooms
2
Lot size
50 x 135 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Garage
Outside/Surface
Total parking
None

Taxes & other

Property taxes
$18,374/yr
Tax year
2025
Occupancy
Tenant
Possession
TBA
Cross street
Steeles/Kennedy
Neighbourhood
Milliken

More

MLS® number
E13093986

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$2,540per month, all in
  • Mortgage
  • Property tax

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.

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    58 Redlea Avenue, Toronto, ON M1V 4S3

    Milliken, Toronto · Near Steeles/Kennedy

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    Sold history

    Listing history for 58 Redlea Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 58 Redlea Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 58 Redlea Avenue listed for, and what would it cost each month?

    58 Redlea Avenue is listed for $250,000. With 20% down ($50,000), the mortgage payment would be roughly $1,008 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,540 a month, all in. That figure is an illustration, not a quote.

    Is 58 Redlea Avenue freehold or a condo, and is there a monthly fee?

    58 Redlea Avenue is a sale of business in Milliken, 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 58 Redlea Avenue have a garage and parking?

    Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.

    What style of home is 58 Redlea Avenue?

    58 Redlea Avenue is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 58 Redlea Avenue, and what is the lot size?

    The lot is listed as 50 x 135 ft.

    How is 58 Redlea Avenue heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    What are the property taxes for 58 Redlea Avenue?

    Property taxes are $18,374 a year (2025), or about $1,531 a month.

    Where is 58 Redlea Avenue?

    58 Redlea Avenue is in the Milliken community of Toronto. The nearest main intersection is Steeles/Kennedy. The postal code is M1V 4S3.

    Is 58 Redlea Avenue still for sale?

    Yes. It is an active listing (MLS® E13093986). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 58 Redlea Avenue asking?

    Similar properties for sale nearby right now include G110 & G111 - 3250 Midland Avenue at $250,000, 167 - 390 Silver Star Boulevard at $249,000 and 13 - 3833 Midland Avenue at $258,888. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 58 Redlea Avenue 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 58 Redlea Avenue?

    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.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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