700 Lawrence Ave W Avenue
Yorkdale-Glen Park, Toronto, M6A 3B4
$149,999
Listed 18 days ago · MLS® W13856960
About this home
Rare opportunity to take over a PROFITABLE FRANCHISE Of Pita Land location at RioCan Mall in Toronto, strategically positioned at Lawrence Avenue West and Allen Road. Surrounded by major retailers, residential communities, public transit, shopping and strong daily traffic, this location offers excellent exposure and accessibility. What makes this opportunity stand out is the tremendous value compared to building a brand-new restaurant. The infrastructure, restaurant setup and significant upfront work are already in place, allowing an experienced operator to step in without the massive construction and startup costs of starting from scratch. The business is profitable and offers an excellent opportunity for an experienced food-service operator looking to take over an established operation or expand their portfolio. Financials will be shared with qualified buyers for review. With rent at only $7,500 per month, an established Pita Land brand and a prime Toronto location, this is an opportunity to acquire a fully established setup at a fraction of the cost of a new build. Priced aggressively for a quick sale.
Details
- Type
- Sale Of Business
- Garage
- None
- Neighbourhood
- Yorkdale-Glen Park
- Municipality
- Toronto W04
Heating, cooling and services
- Air conditioning
- Yes
- Water and sewer
- Sanitary+Storm
More
- Possession
- Flexible
- Cross street
- Lawrence Avenue West & Dufferin Street
- Business type
- Restaurant
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Lawrence West Subway4 min walk
- 🚇 Glencairn Subway14 min walk
- 🚆 Mount Dennis GO4.5 km
Within a 10-minute walk: 4 grocery stores, 27 cafés and restaurants, 5 parks, 5 pharmacies. Nearest grocery: Bulk Villa (150 m). Nearest park: Wenderly Park (450 m).
Schools nearby
Elementary
- St. Charles Catholic School Catholic
EQAO: Gr 6 reading 93%, math 67%7 min walk - Flemington Public School
EQAO: Gr 3 reading 31%, math 25%9 min walk - Glen Park Public School
EQAO: Gr 6 reading 73%, math 42%15 min walk - Sts Cosmas and Damian Catholic School Catholic
EQAO: Gr 6 reading 98%, math 61%15 min walk
Secondary
- John Polanyi Collegiate Institute
EQAO: Gr 9 math 37%, literacy test 72%10 min walk - Lawrence Heights Middle School11 min walk
- Dante Alighieri Academy Catholic · Private17 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M6A
- Owners / renters
- 41% / 59%
- Median household income
- $72,500
- Average age
- 40
- Children under 15
- 16%
- Homes
- 16% detached, 34% high-rise
- Commute by transit
- 35%
- Population
- 22,380
Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 7%, Spanish 2.5%, Portuguese 2.3%, Italian 1.8%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Yorkdale-Glen Park (2025): 87% above the Toronto average, about the same from the year before.
- Assault58% above average
- Break and enter80% above average
- Auto theft119% above average
- Robbery87% above average
- Theft from vehicles70% above average
- Shootings249% above average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 6 active
-
1 REPLIN RD · 450 mPlan of Subdivision · Under Review · applied 2025Application to create new and reconfigured public streets, public parks and 8 new Toronto Community Housing lots, to permit new and replacement residential…Application details
-
111 WENDERLY DR · 300 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2025Official Plan and Zoning By-law Amendment to permit a 13-storey (41.5 metre) mixed-use building containing 200 residential units with a total gross floor area…Application details
-
736 MARLEE AVE · 400 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2025Official Plan and Zoning By-law amendment application to permit a 26-storey mixed-use building with a total gross floor area of 22,787.7 square metres…Application details
-
699 LAWRENCE AVE W · 100 mSite Plan · Under Review · applied 2022Site Plan Approval application to facilitate the redevelopment of the site for a 40-storey mixed-use building having a non-residential gross floor area of…Application details
-
774 MARLEE AVE · 150 mSite Plan · Under Review · applied 2022Site Plan Approval for a 12 storey residential building containing 301 dwelling units. A total of 19,085 square metres of GFA and 180 parking spaces are…Application details
-
782 MARLEE AVE · 100 mOfficial Plan / Zoning By-law Amendment · Appeal Received · applied 2021Official Plan and Zoning by-law amendment application to facilitate the redevelopment of the site for a proposed 24 storey residential building with 60m2…Application details
1 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 9 km. Transit times · Driving times
Noise 1 source nearby
- 🛣️ Allen Road200 m
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CR
Commercial Residential (with a site-specific exception).
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
- Interior Alterations · 2026 · Not StartedProposed interior alterations of new restaurant - Swiss Chalet
- Demolition · 2026 · Permit IssuedProposal to demolish existing 3 storey building (HBC Office Building)
- Interior Alterations · 2026 · InspectionProposal for interior alterations - Fitout for New Salon.
- Interior Alterations · 2026 · InspectionProposed shell work and redemise of existing units 122, 124 & 124a. The overall scope is to redemise the spaces into new units 122 & 124,…
- Interior Alterations · 2026 · InspectionProposal for interior alterations to existing office space.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
42 City street trees within 100 m, mostly maples. That’s about the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by COLDWELL BANKER IKC REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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