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3850 Steeles Avenue Unit unit #1

Vaughan, ON L4L 4Y6

ActiveFor Sale
0 Beds
4 Baths
3,018 Sq Ft
Commercial

About This Property

Well-known Italian restaurant established in 1986, with almost 40 years of successful business. 5-star Google rating, excellent reviews and loyal customers. Elegant and respectful atmosphere, excellent service, friendly staff, highly professional kitchen team. Restaurant /3.018 sg.f./ with beautiful dining area licensed for 98 seats, the place is comfortable for a quiet private dinner and also ideal for hosting parties, special events and gatherings. Open 6 days a week, Sunday only for private functions. Extra space on 2 nd floor used as an office, storage, separate utility rooms, 2 additional washrooms for employees, 2 extra side entrances. Large parking area around. It's a turnkey deal. The place is beautiful and fully equipped. Everything is in good working condition and ready for immediate operation. Flexible Cuisine Options. The lease is till December 5/2028, plus a 5-year renewal option. The owner is retiring after 43 years in business.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size3,018 sq ft
Bedrooms0
Bathrooms4
Postal CodeL4L 4Y6
Last UpdatedAug 8, 2026 · 8:36 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® N12748302

Listed by RIGHT AT HOME REALTY

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.

$258,000

asking price

MLS®N12748302
TypeCommercial
CityVaughan
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,260

/month · $206,400 mortgage

Down Payment20% — $51,600
Interest Rate5.5%

Amortization

Total Interest

$171,554

Total Cost

$377,954

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

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Listed By

RIGHT AT HOME REALTY