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16 Spinnaker Way

Vaughan, ON L4K 6X9

ActiveFor Sale
0 Beds
0 Baths
4,000 Sq Ft
Commercial

About This Property

Established in 1984, "Mr. Nick's Bar and Grill," business being offered for sale with existing 10 year lease in place. Current lease is for 4000 square foot corner unit building that can hold 130+/- patrons and fully licenced under L.L.B.O. Currently open from 7:30am to 6pm Monday through Friday, and Saturday 7:30am to 2pm, however, opportunity to open 7 days a week with longer hours should new management chose to increase revenues is an option. Included in the sale are full bar set up, table and chairs, full kitchen griddle, fryer, BBQ, oven, dishwasher, storage room, freezer, walk in cooler, 4 bathrooms (male and female for customers, employee and full management 3 piece located in the second level loft management office). The great food and location has made this restaurant a staple in this high end commercial community and bordering high end residential / hockey arena's for many years. Great opportunity to make this your dream come true for years to come.....

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size4,000 sq ft
Bedrooms0
Bathrooms0
Postal CodeL4K 6X9
Last UpdatedAug 8, 2026 · 7:41 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N12815870

Listed by GOWEST 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.

$249,750

asking price

MLS®N12815870
TypeCommercial
CityVaughan
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,220

/month · $199,800 mortgage

Down Payment20% — $49,950
Interest Rate5.5%

Amortization

Total Interest

$166,069

Total Cost

$365,869

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

GOWEST REALTY LTD.