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200 Marycroft Avenue Unit 13

Pine Valley Business Park / Vaughan, ON L4L 5X9

ActiveFor Sale
0 Beds
0 Baths
1,500 Sq Ft
Commercial

About This Property

This fully licensed and equipped "Lamasu Lounge and grill" restaurant is located in a busy plaza with ample parking at a high-traffic intersection, surrounded by commercial and residential areas. The restaurant has been completely updated and renovated, making it a turnkey operation with steady sales growth and significant potential for further expansion. While currently operating as a lounge and grill restaurant, the space can be converted to various other uses, subject to existing exclusivities. It includes a transferable liquor license for up to 28 patrons and is suitable for breakfast, lunch, parties, and catering. The lease terms are approximately $3,790.84 per month, including TMI and HST, and is valid until 2027, with all deals subject to landlord consent and approval. All chattels and equipment are included, with a list provided upon an accepted offer. This business is perfect for families and newcomers seeking a thriving restaurant with solid growth potential. Don't miss this exceptional opportunity!

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,500 sq ft
Bedrooms0
Bathrooms0
Postal CodeL4L 5X9
Last UpdatedAug 8, 2026 · 8:31 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N13529236

Listed by HOMELIFE KINGSVIEW REAL ESTATE INC.

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.

$199,000

asking price

MLS®N13529236
TypeCommercial
CityVaughan
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$972

/month · $159,200 mortgage

Down Payment20% — $39,800
Interest Rate5.5%

Amortization

Total Interest

$132,323

Total Cost

$291,523

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

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Listed By

HOMELIFE KINGSVIEW REAL ESTATE INC.