• Mobile: 647-964-2184
  • Office: 905-230-3100
  • Fax: 905-230-8577

$129,000
Available - For Sale
Listing ID: E14095890
14 Tower Drive , Toronto, M1R 3N9, Toronto


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!
Price $129,000
Taxes: $0.00
Tax Type: N/A
Occupancy: Tenant
Address: 14 Tower Drive , Toronto, M1R 3N9, Toronto
Postal Code: M1R 3N9
Province/State: Toronto
Directions/Cross Streets: Tower Dr / Lawrence Ave East
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Entertainment
Building Percentage: F
Total Area: 1300.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 7:00 PM
Employees #: 2
Seats: 30
Washrooms: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX HALLMARK REALTY LTD.
Personal Picture
Sumit Chopra
Broker
Dir:
647-964-2184
Bus:
905-230-3100
Fax:
905-230-8577
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E04
Neighbourhood: Wexford-Maryvale
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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