For Sale

200 Marycroft Avenue Unit# 13, Vaughan (Pine Valley Business Park), Ontario L4L5X9

$250,000

200 Marycroft Avenue Unit# 13, Vaughan (Pine Valley Business Park), Ontario L4L5X9 is For Sale and has a listing price of 250,000. The property is located in the neighbourhood. It's been on the website for 116 Days.

  • Business
    Property Type
  • MLS ID: N9768476
  • Office Name RIGHT AT HOME REALTY
Property Description

Discover the dynamic “”Lamasu Lounge and Grill,”” a fully licensed and equipped restaurant strategically situated in a bustling plaza at a high-traffic intersection near Highway 7. This prime location is surrounded by a blend of commercial and residential areas, including several factories that contribute to a steady stream of customers. With ample parking and significant foot traffic, the restaurant is perfectly positioned to capitalize on the growing demand for dining options in the vicinity. Recently renovated, the restaurant offers a turnkey operation with a proven track record of steady sales growth and exciting potential for further expansion. As new condo developments are planned for the area, an influx of residents will further enhance the customer base, making this an opportune time for investment. Currently thriving as a lounge and grill, the versatile space can be adapted for various culinary concepts, subject to existing exclusivities. The restaurant comes with a transferable liquor license, accommodating up to 28 patrons, making it ideal for breakfast, lunch, dinner, private parties, and catering events. Lease terms are favorable at approximately $3,790.84 per month, inclusive of TMI and HST, and extend until 2027, with all agreements contingent upon landlord consent and approval. All chattels and equipment are included, with a detailed inventory available upon acceptance of an offer. This business presents a fantastic opportunity for families and newcomers eager to step into a thriving restaurant environment with solid growth potential. Don’t let this exceptional opportunity pass you by. Seize the chance to make your mark in the culinary scene today! **EXTRAS** All chairs and tables, three TVs, a surveillance system with cameras, a POS unit, and all lighting and fixtures, Glassware and more. (id:43137)

Property Details
  • MLS ID: N9768476
  • Price: $250,000
  • Transaction Types: For Sale
  • Ref ID: 27595691
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
10/30/2024 N9768476 $250,000 For Sale - -
06/18/2024 N8453410 $250,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Vaughan (Pine Valley Business Park)
  • $1,818,710 Average List Price
    based on 1 year
  • 5 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change -23.7%
  • 3 Month Change -78.7%
  • 6 Month Change -
Walkscore
Property Type Distribution
  • Commercial
    100%
Additional Details
  • Heat Source Natural Gas
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 30/10/2024 00:00:00
  • Zoning Sc-84
  • Agent Name: JAMES DANIEL
  • Last Updated: 08/02/2025 01:39:33
Open House Dates
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