14 Tower Drive
Wexford-Maryvale / Toronto E04, ON M1R 3N9
About This Property
A truly unique business opportunity in Scarborough! This well-established hookah/shisha lounge offers an inviting atmosphere and excellent potential for an owner-operator looking to grow an established business. Situated in a desirable location surrounded by successful businesses, the lounge benefits from strong Google reviews. The approximately 1,250 sq. ft. premises accommodate around 40 patrons and feature a well-equipped setup, with ample parking available for approximately 15-20 vehicles. Monthly rent is approximately $4,680, including TMI and HST, and the landlord is willing to maintain this rate for four years, subject to lease terms. A basement with good ceiling height offers potential to expand the usable business space, subject to necessary approvals and permits. An exciting opportunity to build on an established business in a thriving Scarborough location!
Property Details
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Features & Amenities
- Air Conditioning
- Basement
Buying or selling in Toronto?
Filipe & Isabel Ferreira and the Team Filipe (RE/MAX Ultimate Realty Inc., Brokerage) represent buyers and sellers here. Local guides and live listings below.
Talk to Filipe & Isabel Ferreira →TRREB MLS® Attribution
MLS® E14095890
Listed by RE/MAX HALLMARK REALTY LTD.
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$630
/month · $103,200 mortgage
Amortization
Total Interest
$85,777
Total Cost
$188,977
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
RE/MAX HALLMARK REALTY LTD.