For Sale
240 Harwood Avenue S 2 #2
South West, Ajax, ON
$249,000
0Bd
2Ba
—sqft
CommercialMLS# E12138317Listed 2025-05-09341 DOM
On the market for 341 days — longer than average. The seller may be open to negotiation.
About this home
Prime Ajax corner restaurant opportunity. Approx. 2,600 sq. ft. with seating for 100+ guests, three separate entrances, patio, and excellent corner-unit visibility with signage exposure on multiple sides. Currently operating multiple restaurant concepts under one roof, offering diversified revenue potential or flexibility for rebranding. Low rent with favourable lease terms. Seller is highly motivated and open to serious offers. Ideal for owner-operators or investors in one of Durham Region's busiest commercial corridors.
Features
- Yes
Financials
Annual Taxes
$13.05
Estimated Rental Income
Entire property$2,500 – $8,000/mo
Rental yield12.0% – 38.6%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Ajax
Days on market341 days
Buyer's MarketSeller's Market
Based on active listings in Ajax. Data updates daily.
Demographics — Ajax
Population
126,666
Avg Household Income
$108,000
Age Distribution
0-19
24%
20-34
20%
35-49
22%
50-64
20%
65+
14%
Ownership79% own · 21% rent
EnglishTamilUrduTagalogFrench
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
52
/ 100
Walk Score
Somewhat Walkable
39
/ 100
Transit Score
Some Transit
54
/ 100
Bike Score
Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
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. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. 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. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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