ONTorontoToronto E0414 Tower Drive
14 Tower Drive
Interior view
Interior view
5
For Sale82 days on Market

14 Tower Drive

Toronto E04, ON, M1R 3N9

Community:Wexford-Maryvale

Asking Price

$149,000

Frontage

80.79 ft.

Lot Depth

0 ft.

Square Foot

1,300 ft.

Lot Area

Zoning

Commercial

14 Tower Drive 14, Toronto E04, M1R 3N9

Property Description

Original Remarks

An exceptional opportunity to own a fully operational, beautifully designed shisha lounge and café near Tower Dr. and Lawrence Ave. East, located in one of Toronto's vibrant commercial corridors. This versatile, turnkey space offers multi-use potential as a restaurant, café, lounge, or entertainment venue, with the option for a new owner to obtain a liquor license if desired. The premises feature modern décor, comfortable lounge seating, premium ventilation, and a fully equipped kitchen, ideal for shisha service, dining, and private events. The total area is approximately 1,250 sq.ft., including a finished basement of about 500 sq.ft. The space currently accommodates approximately 30 seated guests, with the ability to expand up to 45. The basement is well-suited for private parties, entertainment, or recreational use such as billiards or ping pong. Surrounded by high-density residential communities, schools, and retail plazas, this location benefits from steady foot traffic and strong community appeal. Licensed for tobacco use and compliant for café operations, this business offers immediate income potential with significant room for growth and improvement. Ample on-site parking includes approximately 26 spaces shared among three units; however, as the other two businesses close after 8:00 PM, the parking area is effectively private during evening hours.Currently in the second year of the lease. As per the lease agreement, total monthly expenses (including rent, TMI, and HST) are approximately $4,590; however, the tenant is currently paying $4,500, consistent with the first year, with no issue raised by the landlord. Please do not go direct or approach staff under any circumstances. All showings are by appointment only.

PROPERTY HISTORY

14 Tower Drive

PROPERTY DETAILS

OccupancySale Of Business
Possession TypeFor Sale
Heating TypeGas Forced Air Open
WaterMunicipal
SewersSanitary
Retail Area1,300 ft
Ownership Type
Basement
Garage TypePlaza
Elevator
CommunityWexford-Maryvale
Hours Open
CategoryWithout Property
LLBO
Days Open
Business / BuildingUnit
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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