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$ 69,900
Est. payment /mo
Price Dropped by $27K
501 Passmore AVE #27 Toronto E07, ON M1V 5G4
1,311 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,311 sqft
Price per Sqft $53
Municipality Toronto E07
Subdivision Milliken
MLS Listing ID E13857278
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
Turnkey Event Business Opportunity In Scarborough. This Thoughtfully Designed Venue Features Approximately 1,311 Sq. Ft. Of Main-Level Space Plus A 450 Sq. Ft. Mezzanine, Accommodating Up To 48 Guests With Full Seating Or Approximately 70 Guests In A Mixed Seated/Standing Configuration. Fully Furnished And Equipped For Immediate Operation, The Space Is Ideal For Private Celebrations, Birthdays, Corporate Functions, Workshops, And Other Special Events. Attractive Gross Monthly Lease Of Approximately $2,705 Offers A Manageable Occupancy Cost. Includes: Wet Bar With Fridge, Sink And Microwave; Faux Grass Feature Wall; Designated DJ Area; One Washroom; Storage Room; Ample Parking; Existing Furnishings, Fixtures And Equipment; And Social Media Accounts. Owner Is Willing To Provide Training For A Smooth Handover. An Excellent Opportunity To Acquire An Established, Ready-To-Operate Business.
Location
Province ON
County Toronto
Community Toronto E07
Area Toronto
Interior
Heating Yes
Cooling Yes
Exterior
Utilities Available Available
Building
Building Age 31-50
Others
Security Features Yes
ParcelsYN No
Listed by RE/MAX METROPOLIS REALTY