
Business For Sale
$149,000
MLS® Number: E13033160
Floor Area
1,300
Land Size
1,300
Business For Sale
$149,000
Floor Area
1,300
Land Size
1,300
14 - 14 TOWER DRIVE, Toronto (Wexford-Maryvale), Ontario
About This Property
An exceptional opportunity to own a fully operational, beautifully designed shisha lounge and café near Tower Dr. and Lawrence Ave. East, located in one of Toronto's vibrant commercial corridors. This versatile, turnkey space offers multi-use potential as a restaurant, café, lounge, or entertainment venue, with the option for a new owner to obtain a liquor license if desired. The premises feature modern décor, comfortable lounge seating, premium ventilation, and a fully equipped kitchen, ideal for shisha service, dining, and private events. The total area is approximately 1,250 sq.ft., including a finished basement of about 500 sq.ft. The space currently accommodates approximately 30 seated guests, with the ability to expand up to 45. The basement is well-suited for private parties, entertainment, or recreational use such as billiards or ping pong. Surrounded by high-density residential communities, schools, and retail plazas, this location benefits from steady foot traffic and strong community appeal. Licensed for tobacco use and compliant for café operations, this business offers immediate income potential with significant room for growth and improvement. Ample on-site parking includes approximately 26 spaces shared among three units; however, as the other two businesses close after 8:00 PM, the parking area is effectively private during evening hours.Currently in the second year of the lease. As per the lease agreement, total monthly expenses (including rent, TMI, and HST) are approximately $4,590; however, the tenant is currently paying $4,500, consistent with the first year, with no issue raised by the landlord. Please do not go direct or approach staff under any circumstances. All showings are by appointment only.
Property Details
Interior Details
Cooling
Fully air conditioned
Heating
Forced air, Natural gas
Living Area
1300 sqft
Land & Location
City Region
Wexford-Maryvale
Frontage Length
80.9 feet
Lot Size Area
1300.0 acres
Lot Size Dimensions
1300
Postal Code
M1R3N9
Listing & Financials
Listing Office
CENTURY 21 HERITAGE GROUP LTD.
Originating System Name
Toronto Regional Real Estate Board
Other Specifications
Country
Canada
Listed By
CENTURY 21 HERITAGE GROUP LTD.
Mortgage Calculator
Estimated Monthly Payment
$732
Principal and interest only. Actual rates may vary.
Mortgage Calculator
Estimated Monthly Payment
$732
Principal and interest only. Actual rates may vary.