8 - 1620 Albion Road, Toronto, ON M9V 4B4
Mount Olive-Silverstone-Jamestown, Toronto · Near Albion Rd & Finch Ave W · View map
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
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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.
1620 Albion Road, Toronto, ON M9V 4B4
Mount Olive-Silverstone-Jamestown, Toronto · Near Albion Rd & Finch Ave W
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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.
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.
Similar properties nearby
More properties for sale near Mount Olive-Silverstone-Jamestown, picked by style, size and price.
Sale of business$450,00043 - 1770 Albion Road, TorontoWest Humber-ClairvilleCourtesy of: CENTURY 21 PROPERTY ZONE REALTY INC.View home →
Sale of business$425,0001123 Albion Road, Toronto2 bath · Rexdale-KiplingCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →
Sale of business$525,000976 - 978 Albion Road, Toronto1 bath · Thistletown-Beaumonde HeightsCourtesy of: HOMELIFE/MIRACLE REALTY LTDView home →Courtesy of: HOMELIFE/MIRACLE REALTY LTD
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.