For Sale

401 Magnetic Drive Unit# 39-40, Toronto (York University Heights), Ontario M3J3H9

$325,000

401 Magnetic Drive Unit# 39-40, Toronto (York University Heights), Ontario M3J3H9 is For Sale and has a listing price of 325,000. The property is located in the York University Heights neighbourhood. It's been on the website for 14 Days.

  • Business
    Property Type
  • MLS ID: W11950152
  • Office Name HOMELIFE FRONTIER REALTY INC.
Property Description

Rare Opportunity. Established Restaurant & Bar for Sale! This Restaurant & Bar Offers a Modern, Luxuriously Designed Space, Featuring a Fully Equipped, Fully Renovated Interior, State-of-the-Art Sound and Lighting Systems. This place is excellent for selling food, beer, and liquor as well as for any private events.And also it can be rented out for all kinds of events and occasions with DJ-playing music or music band playing all year round. Perfect for Entrepreneurs Looking to Own a Turnkey Entertainment Business with Proven Profitability. Every Equipment inside the restaurant & bar is included in the listing price. The rent is very low just more than 3K including TMI & Tax. The lease is very new (5 years & 5 years option) **EXTRAS** Buyer shall pay Security Deposit($30,273.32) back to the Seller. (id:43137)

Property Details
  • MLS ID: W11950152
  • Price: $325,000
  • Transaction Types: For Sale
  • Ref ID: 27865084
  • 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
01/31/2025 W11950152 $325,000 For Sale - -
11/25/2024 W10897466 $299,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
York University Heights
  • $793,019 Average List Price
    based on 1 year
  • 62 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.4 % Up
  • Sold (12mo) 110
  • Rented (12mo) 326

  • 1 Month Change -16.2%
  • 3 Month Change -11.3%
  • 6 Month Change -15.0%
Walkscore
  • 71 Walk Score
    Very Walkable
  • 60 Transit Score
    Good Transit
  • 64 Bike Score
    Bikeable
Property Type Distribution
  • All Houses
    19.58%
  • Commercial
    23.8%
  • Condo
    56.62%
Additional Details
  • Sewers Sanitary Sewer
  • Heat Source Natural Gas
  • Heating System Other
  • 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: 31/01/2025 00:00:00
  • Zoning A-ep
  • Agent Name: SEONG HO HONG
  • Last Updated: 08/02/2025 02:12:34
Open House Dates
Want to see this property?