196 Mcewan Drive E 12, Caledon, ON L7E 2Y3
Priced to Sell. Rare turnkey restaurant opportunity in the heart of Bolton's dominant retail corridor. Situated in a high-traffic commercial plaza anchored by Landmark Cinemas and surrounded by major national retailers, including Walmart, Canadian Tire, LCBO, and The Beer Store - delivering consistent daytime, evening, and weekend foot traffic year-round.Exceptional value with all-in rent of approximately $3,723/month (HST & TMI included) - one of the lowest occupancy costs available in any comparable Bolton trade area. Professionally improved space featuring a fully equipped commercial kitchen with all chattels included for a seamless, zero-delay transfer of operations. No buildout. No delays. Just walk in and operate.Strong street visibility, ample on-site plaza parking, and an established and loyal customer base within a rapidly growing residential community. Easy access to Hwy 50 and major commuter routes, with public transit steps away.This is a true plug-and-play operation purpose-built for serious owner-operators and experienced restaurateurs ready to hit the ground running. The combination of a proven high-demand trade area, unbeatable rent structure, and fully equipped space makes this an exceptionally rare find in today's market.Motivated seller. Aggressively priced for a fast transaction. Opportunities like this do not last.
- MLS number
- W12717726
- Type
- Sale Of Business
- Status
- Active
- Bedrooms
- —
- Bathrooms
- —
- Postal code
- L7E 2Y3
- Photos
- 12
- Property tax
- $12 / year
This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.
Property details
As filed by the listing brokerage. Anything the board left blank is left out rather than shown as unknown — and none of it is guaranteed accurate by PropTx, so verify what you rely on.
Property
- Type
- Sale Of Business
- Class
- Commercial
- Community
- Bolton East
- Municipality
- Caledon
- Cross street
- Hwy 50 & Mcewan Dr E
- Zoning
- Commercial
Parking
- Garage
- Plaza
Land
- Lot
- 0 × 0 feet
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Cooling
- Yes
- Water
- Municipal
Listing
- MLS number
- W12717726
- Status
- Price Change
- Previous status
- New
- Listed on
- 2026-01-21
- Expires
- 2027-07-31
- Taxes
- $12 (2025)
- Board
- Toronto Regional Real Estate Board
Listing history
No previous listings found for this address.
Where this property is
Where this address sits, matched against open government data.
Matched to this street. The listing did not say which direction, and every candidate was in the same place.
Schools
The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.
Other schools nearby
By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.
| School | Level | Distance | Rating |
|---|---|---|---|
| Countryside Montessori Private School | Elementary | 642 m | Not reported |
| St John the Baptist Elementary School Dufferin-Peel CDSB | Elementary | 930 m | / 10 71% met the standard |
| Wali ul Asr School | Elementary and secondary | 1.9 km | Not reported |
| Allan Drive Middle School Peel DSB | Elementary | 1.9 km | / 10 61% met the standard · 3 of 6 measures |
| Holy Family School Dufferin-Peel CDSB | Elementary | 1.9 km | / 10 75% met the standard |
| Ellwood Memorial Public School Peel DSB | Elementary | 2.2 km | / 10 78% met the standard · 3 of 6 measures |
How the rating is calculated
EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.
Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.
What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.
Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.
H-Value
What an H-Value is and how it is calculated — the method and our measured error, no account needed.
This neighbourhood
Statistics Canada 2021 Census, for the surrounding few blocks — about 1,573 people.
The neighbourhood, by the census
Statistics Canada 2021 Census for dissemination area 35211642 — the few blocks around this address, home to 1,573 people. It describes the area, not this property.
Percentages are of the 845 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.
Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.
Work out the numbers
Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.
If you rented it out
How this is calculated, and what it leaves out
Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.
Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.
Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.