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Food Court Restaurant Space
For Sale
$49,999

41 Lebovic Avenue A118, ON

Toronto, ON

Property Size882 SF
Price / SF$56.69
Days on Market35

Property Features for 41 Lebovic Avenue A118

General Information

Property type Commercial Sale
Property subtype Other
Standard status Active

Tenancy & Operations

Currently Operating Yes
Tenant in Place Yes
Business Included Yes
Listing Agency: Engel & Volkers Toronto City · Engel & Völkers
Listed By: Lia Del Bonifro
Added: Sep 29 Changed: Oct 28 Last Checked: Nov 2 at 9:06AM
MLS# E13836426

Copyright © 2026 Engel & Völkers. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

An approximately 882-square-foot restaurant premises occupies a food court at One Centre Plaza. The space has an existing restaurant setup, and chattels are included. A new operator may assume the current lease, with the option to continue the existing business or introduce a different food concept.

The commercial plaza is near Warden Avenue and Eglinton Avenue East, with Walmart, Canadian Tire, RONA, Cineplex, Michael’s, major banks and other businesses nearby. The site is close to the Eglinton Crosstown LRT and offers access to the Don Valley Parkway and Highway 401. Parking is available at the plaza.

Key Highlights

  • Approximately 882 square feet in One Centre Plaza’s food court
  • Existing restaurant setup with chattels included
  • Current lease may be assumed by a new operator

Property Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Market

Vacancy Rate% for Retail in the U.S.

6.4% 2019
7.2% 2020
6.5% 2021
5.6% 2022
5.3% 2023
5.3% 2024
5.7% 2025

Frequently Asked Questions

What type of property is this?
Restaurant - Existing restaurant infrastructure and included chattels support continued food service or a new culinary concept.
Where is this restaurant located?
The property is located at 41 Lebovic Avenue A118 ON.
What is the asking price?
The asking price for this property is $49,999.
What are key features of this property?
This property features: Approximately 882 square feet in One Centre Plaza’s food court; Existing restaurant setup with chattels included; Current lease may be assumed by a new operator
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