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2789 Lakeshore Boulevard

New Toronto / Toronto W06, ON M8V 1H4

ActiveFor Sale
0 Beds
0 Baths
Commercial
Virtual Tour Available

About This Property

Run a Gaming Lounge, VR Studio, Virtual Golfing business in this fully turnkey business features brand-new bar setup and equipment, professionally maintained pool and snooker tables, and a valid LLBO license secured until August 2028. Low rent of $3900 (including TMI) and landlord already okay for a longer 5+5 year lease starting at monthly rent of $3900 a month including TMI. Boasting a 5-star Google rating, the lounge enjoys a loyal customer base and an excellent reputation. With low overhead and consistent income, it is ideal for tournament nights, birthday parties, date nights, corporate bookings, team-building events, and live sporting viewings. Currently operating from 4 PM till late night with no limitations on timings, there is strong potential to further increase revenue through expanded programming and events. A fantastic opportunity for investors or owner-operators seeking a steady-income business in a vibrant and established community.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms0
Postal CodeM8V 1H4
Last UpdatedAug 8, 2026 · 8:51 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® W13494128

Listed by HOMELIFE/MIRACLE 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.

$124,990

asking price

MLS®W13494128
TypeCommercial
CityToronto W06
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$610

/month · $99,992 mortgage

Down Payment20% — $24,998
Interest Rate5.5%

Amortization

Total Interest

$83,111

Total Cost

$183,103

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

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Listed By

HOMELIFE/MIRACLE REALTY LTD