Primary photo of 14 - 14 TOWER DRIVE, Toronto (Wexford-Maryvale)
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Business For Sale

$149,000

MLS® Number: E13033160

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

Mortgage Calculator

20% ($29,800)
5.5%
25 Years

Estimated Monthly Payment

$732

Principal and interest only. Actual rates may vary.

Location & Map

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