Homula Realty Brokerage
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.

2930 Islington Avenue 3, Toronto, ON M9L 2K5

Sale Of Business
$135,000

Skip the massive upfront costs and construction delays of building a commercial kitchen from scratch. This beautifully designed restaurant space is ready for your unique culinary concept today.The location features a fully permitted 2 commercial hoods, grease trap, fryers and high-capacity gas lines already in place. All equipment is less than 2 years old and meticulously maintained. Located in a high-density pedestrian zone with excellent street visibility and heavy foot traffic.Take advantage of a highly coveted, below-market lease transfer with renewal options. ASSET SALE!!

MLS number
W13491678
Type
Sale Of Business
Status
Active
Bedrooms
Bathrooms
2
Postal code
M9L 2K5
Photos
17
79days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

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.

Listing history

No previous listings found for this address.

Where this property is

Pick a school to see the boundary it is inside. Boards redraw these — confirm with the board.

Matched to the building rather than the unit — every unit in a tower shares one coordinate.

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.

School boundaries this address is inside

Gracedale Public School5.3 / 10
Elementary · Regular Track
TDSB boundary
Humber Summit Middle School5.9 / 10
Intermediate · Regular Track
TDSB boundary
Emery Collegiate Institute4.7 / 10
Secondary · Regular Track
TDSB boundary
Where these boundaries come from, and what they are worth

A school boundary is the area a board draws around a school. An address inside several of them is normal — boards publish a separate boundary per program, so regular track, French immersion and specialist programs each have their own.

Toronto. Read from the TDSB’s own School Search Map, one school at a time. The board states that the lines on that map are approximate and that the schools serving an individual address must be confirmed against its own address lookup — so the outline here shows you roughly where a boundary runs, and the board answers whether a particular house is in it. The map covers home schools only: French Immersion, gifted and the other optional programs have their own boundaries and their own admission rules, and are not shown.

Homula cannot tell you which school a child will attend. Boards move boundaries, hold students at capacity, cap programs and grant exceptions, and none of that is in any published file. The board is the only authority: TDSB Find Your School.

Sources: TDSB School Search Map — the board states these lines are approximate and that individual addresses must be confirmed against its own lookup.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
St Roch Catholic School
Toronto CDSB
Elementary406 m6.5 / 10
65% met the standard
Venerable John Merlini Catholic School
Toronto CDSB
Elementary812 m8.2 / 10
82% met the standard
Beaumonde Heights Junior Middle School
Toronto DSB
Elementary1.6 km7.0 / 10
70% met the standard
North Kipling Junior Middle School
Toronto DSB
Elementary1.3 km4.9 / 10
49% met the standard
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

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 469 people.

$89,000Median household income
76.5%Own their home
54.5%Detached houses
44.8Median age
46.9%Born outside Canada
21.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35201882 — the few blocks around this address, home to 469 people. It describes the area, not this property.

469Population
45.4Average age
2.9Household size
$107,000Average household income
$89,000Median household income
77%Own their home
24%Rent
6%Condominiums
47%Born outside Canada
22%University degree
$1,040,000Average home value
9%Low income
56%Not in the labour force
29%Never married
$15,000 to $19,9992%
$20,000 to $24,9992%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9994%
$45,000 to $49,9994%
$50,000 to $59,9992%
$60,000 to $69,9996%
$70,000 to $79,9996%
$80,000 to $89,9992%
$90,000 to $99,9994%
$100,000 and over29%
$100,000 to $124,9998%
$125,000 to $149,9998%
$150,000 to $199,99910%
$200,000 and over4%

Percentages are of the 240 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.

$27,000 · minimum here is $6,750
$597.75per month
Borrowed before insurance$108,000
Total borrowed$108,000
Interest over 25 years at 4.5%$71,325

If you rented it out

-$597.75per month out of pocket
Rent$0.00
Everything it costs to hold$597.75
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.

What’s being built nearby

Planning applications within 500 m — 5 still in progress.

139 MILLWICK DR218 m
Under Review · applied March 12, 2026

The proposed development involves a ground floor addition at the rear of the existing place of worship building, along with interior alterations.

City planning file →
135 PLUNKETT RD446 m
Under Review · applied August 18, 2025

Proposed six blocks of stacked, back to back townhouses. A total of 135 units are proposed. One level of underground parking is proposed.

City planning file →
135 PLUNKETT RD446 m
OMB Appeal · applied September 18, 2023

The proposal is for six blocks of stacked, back-to-back townhouses containing 151 units

City planning file →
135 PLUNKETT RD446 m
Under Review · applied December 5, 2017

Draft Plan of Subdivision to permit the development of 16 new residential lots (15 pairs of semi-detached dwellings and 1 detached dwelling). The new dwellings would be three-storeys in height.

City planning file →
137 PLUNKETT RD480 m
Council Approved · applied December 5, 2017

The proposal is for six blocks of stacked, back-to-back townhouses containing 151 units

City planning file →
135 PLUNKETT RD446 m
Closed · applied April 24, 2023

This is an application for 111 Plunkett not 135, IBMS Support ticket has been started. Proposal to create 42 lots.

City planning file →
3004 ISLINGTON AVE293 m
Closed · applied August 18, 2021

Part Lot Control Exemption application to create 32 parcels of tied land associated with a common element condominium, as well as 14 freehold townhouse units.

City planning file →
3004 ISLINGTON AVE293 m
Closed · applied July 29, 2021

Draft Plan of Common Element Condominium with respect to 32 residential townhouse units.

City planning file →
What these are

These are applications made to the City — a proposal to build something, not a decision that it will be built. Many are refused, withdrawn, reduced, or approved and then left for years. The status shown is the one the City last recorded, and each entry links to the City’s own file, which is the authoritative record.

Whether a nearby development is welcome depends on what you want from a street, so this panel reports what has been applied for and leaves the judgement to you.

Contains information licensed under the Open Government Licence – Toronto. Toronto only for now; other municipalities publish this differently or not at all.

Listed by RE/MAX REALTY SPECIALISTS INC.. Listing data provided by the Toronto Regional Real Estate Board.