For saleMLS® W13451694

8 - 1620 Albion Road, Toronto, ON M9V 4B4

Mount Olive-Silverstone-Jamestown, Toronto · Near Albion Rd & Finch Ave W · View map

$449,000
Sale of businessType
NoneParking
$449,000
FreeholdNo monthly condo fee
Lot 1199.3 x 829.5 ftThe land comes with the home

About this home

THIS IS THE HIGH-PROFIT TURNKEY GOLDMINE YOU'VE BEEN WAITING FOR! Welcome to Govardhan Thal, an absolute staple of authentic Indian vegetarian and Gujarati cuisine, perfectly situated in a prime, high-traffic pocket of Etobicoke, ON. This phenomenal business opportunity is a dream come true for seasoned restaurateurs, family operators, or ambitious entrepreneurs looking to capitalize on an established, cult-favorite brand. Boasting a massive and highly functional layout of approximately 2,050 square feet with seating capacity of 60 patrons, this location features incredibly cheap rent, a massive competitive advantage that keeps fixed overhead remarkably low and ensures maximum profitability from day one! The numbers speak for themselves: this operation generates, on average, an outstanding Total Monthly Revenue of $48,000 , while maintaining strictly optimized Total Monthly Expenses of just $19,000, resulting in a spectacular net income. Govardhan Thal has secured an enviable reputation and a fiercely loyal customer base who flock here to see the menu and indulge in legendary, comforting delicacies. The fully equipped, top tier setup handles high-volume dine-in buffet crowds, massive takeout and tiffin demand and highly lucrative catering services with ease. Best of all, the versatile infrastructure offers unlimited potential to rebrand or introduce a brand new culinary concept to a hungry local market. Do not miss your chance to secure an insanely lucrative, low risk food business with an unmatched rent-to-revenue ratio in a surging Etobicoke neighborhood. Opportunities with this level of cash flow and minimal overhead vanish instantly act fast and schedule your private viewing today before someone else takes your profit! ***Images are virtually staged along with people shown.*** Buyer / Buyer's representative to conduct their own due diligence on all business-related information.

The home

Type
Sale of business
Lot size
1199.3 x 829.5 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Open
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Tax year
2026
Occupancy
Owner
Possession
Flexible
Cross street
Albion Rd & Finch Ave W
Neighbourhood
Mount Olive-Silverstone-Jamestown

More

MLS® number
W13451694

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$2,092per 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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    1620 Albion Road, Toronto, ON M9V 4B4

    Mount Olive-Silverstone-Jamestown, Toronto · Near Albion Rd & Finch Ave W

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    Sold history

    Listing history for 1620 Albion Road

    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 8 - 1620 Albion Road

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

    How much is 8 - 1620 Albion Road listed for, and what would it cost each month?

    8 - 1620 Albion Road is listed for $449,000. With 20% down ($89,800), the mortgage payment would be roughly $1,811 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $2,092 a month, all in. That figure is an illustration, not a quote.

    Is 8 - 1620 Albion Road freehold or a condo, and is there a monthly fee?

    8 - 1620 Albion Road is a sale of business in Mount Olive-Silverstone-Jamestown, 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 8 - 1620 Albion Road 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 8 - 1620 Albion Road?

    8 - 1620 Albion Road is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 8 - 1620 Albion Road, and what is the lot size?

    The lot is listed as 1199.3 x 829.5 ft.

    How is 8 - 1620 Albion Road heated and cooled?

    Heating is gas forced air open. Cooling is yes.

    Where is 8 - 1620 Albion Road?

    8 - 1620 Albion Road is in the Mount Olive-Silverstone-Jamestown community of Toronto. The nearest main intersection is Albion Rd & Finch Ave W. The postal code is M9V 4B4.

    Is 8 - 1620 Albion Road still for sale?

    Yes. It is an active listing (MLS® W13451694). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 8 - 1620 Albion Road asking?

    Similar properties for sale nearby right now include 43 - 1770 Albion Road at $450,000, 1123 Albion Road at $425,000 and 976 - 978 Albion Road at $525,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 1620 Albion Road 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 8 - 1620 Albion Road?

    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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