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$79,999
Status: For Sale
Rare Opportunity To Own An Established, Highly Profitable Shisha Lounge! Located In A High Traffic Commercial Plaza With Lots Of Foot Traffic And Directly Off Of Ellesmere Road In Scarborough With Lots Of Parking. Lounge Features An Indoor Space Accommodating Approximately 75 People and a Basement Area Serving As An Event Space to Bring In Additional Revenue. Take Advantage Of The Current 5+5 Year Lease With Ultra Low Rent. It's A Turnkey Operation, Perfect For Anyone Seeking An Established Business With Existing Clientele. All Chattels And Equipment Are Incl. Current Rent of $2500+HST includes T.M.I., + All Utilities Except Hydro & Gas. Currently on a 5 Yr Lease Term w/ an Option to Renew in June 2028.
| Property Type | :Commercial |
|---|---|
| MLS Number | :E12451793 |
| Listing Type | :Sale |
| Possession Date | : |
| Last Updated | :08 Oct, 2025 (58 Days ago) |
| Source | :Toronto Regional Real Estate Board |
| Area | :Toronto |
|---|---|
| Postal Code | :
M1P 2X8
|
| Price | : $79,999 |
|---|---|
| Property Taxes | :$0.0 |
| Tax Year | :2024 |
|---|
| Air Conditioning | :Yes |
|---|---|
| Heating | :Gas Forced Air Open |
| Cross Street | :Brimley Road / Ellesmere Road |
08 Oct, 2025
TREB #E12451793
Listed
$79999.0
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