383 Eglinton Avenue E, Toronto
1 / 41
For Sale
$230,000
0 bd · 0 ba

383 Eglinton Avenue E, Toronto M4P 1M5

MLS®# C13527936

Est. mortgage
$873/mo
Property taxes $21,000/yr

About This Home

Property Type
Commercial, Sale Of Business
Parking
Other
MLS #
C13527936
Listed on
2026-07-06
Lot size
24 x 82.0
Tax
$21,000 /yr
Days on Market
129
Exceptional opportunity to own a well-established Gabby's Franchise Pub & Restaurant in one of Toronto's busiest locations at Eglinton Avenue East & Mount Pleasant Road. Successfully operating for over 35 years, this profitable licensed restaurant enjoys a loyal customer base, strong neighborhood presence, and excellent visibility in a high-traffic commercial area. Weekly sales are approximately $15,000 (as per Seller), with over 70% of revenue generated from liquor sales, producing an impressive 75%+ gross profit margin on liquor. Very affordable occupancy costs with rent and TMI totaling only $4,484 per month. The business also includes a large one-bedroom apartment upstairs, currently rented for $2,000 per month, providing valuable additional income and helping offset operating expenses. Long-term lease in place until October 2030, plus one additional 5-year renewal option, offering long-term security. Fully LLBO licensed with 41 indoor seats and a 35-seat licensed outdoor patio, making it ideal for year-round dining and seasonal patio service. Operating hours are Monday to Friday from 3:00 PM to 2:00 AM and Saturday & Sunday from 12:00 Noon to 2:00 AM. Low flat franchise royalty and advertising fees. Online ordering is available through Uber Eats, DoorDash, and Gabby's online ordering platform, providing multiple revenue streams. Excellent opportunity for an owner-operator, family business, investor, or experienced restaurateur looking to acquire a profitable Toronto restaurant with stable cash flow and significant growth potential. Plenty of opportunities to increase sales through expanded marketing, catering, special events, sports nights, entertainment, and extended food promotions. Turnkey operation, repeat clientele, trained staff, and strong comm Rare. (We are not willing to de-brand, and any buyer is subject to approval to ensure they're a good fit. We won't hold anything up, but we do need to be confident the new buyer aligns with the operation.)

Property Details

Full Property Details

General

Business Type
Bar/Tavern/Pub
Retail Area
980.00 Sq Ft
Total Area
980.00 Square Feet
Sprinklers
-
Drive-In Level Shipping Doors
-
Double Man Shipping Doors
-
Grade Level Shipping Doors
-
Truck Level Shipping Doors
-

Interior

Washrooms
0
Heating Fuel
Gas Forced Air Closed
Air Conditioning
Yes

Exterior

Depth
82.0
Front
23.656
Lot Size
24 x 82.0 ft
Parking Spaces
-
Total Parking Spaces
-
Parking Description
Other
Garage Spaces
-
Zoning
R(d2*943)

Building Description

Home Type
Commercial
Subtype
Sale Of Business
Water Supply
Municipal
Possession Date
7/31/2026

Community

Community
Mount Pleasant East

Taxes & Fees

Taxes
$21,000 /yr
Tax Year
2026
Occupancy
Tenant

Other

Virtual Tour Link
Mark Barbosa
Mark Barbosa
Century 21 In-Studio Realty Inc., Brokerage
Listed by MIKE ALIPOUR, ABR,PSA,RENE, Salesperson
128 days on site
Listing Broker
REMAX YOUR COMMUNITY REALTY
Courtesy
REMAX YOUR COMMUNITY REALTY
Listed Date
7/6/2026

Courtesy of PropTx MLS® / REMAX YOUR COMMUNITY REALTY

Similar homes for sale in Toronto

Copyright 2026 All rights reserved. PropTx MLS® assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose.
Copyright 2026 All rights reserved. Canadian Real Estate Association assumes no responsibility for the accuracy of any information shown. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The trademark DDF® is owned by The Canadian Real Estate Association (CREA) and identifies CREA’s Data Distribution Facility (DDF®). The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA
Powered by AgentLocator