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Unit 14 - 14 Tower Dr

Toronto E04, ON M1R 3N9

$149,000

Unit 14 - 14 Tower Dr, Toronto E04Listed at $149,000 Sale Of Business. MLS® E13033160.

1,300Sq Ft
Entertainment
Sale Of Business

Description

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.

Price & Status History

Price history is locked

Business Details

Property Sub-TypeSale Of Business
Business TypeEntertainment
Property UseWithout Property
Occupant TypeTenant
Hours of Operation7:00 PM to 2:00 AM
FranchiseNo
Chattels IncludedYes
Seating Capacity30
Full-Time Employees2
Financial StatementsAvailable
Showing RequirementsLockbox
Possession TypeFlexible
Listing Expires4/21/2027

Commercial Space & Financials

Retail Area1,300 Sq Ft

Property Details

Property TypeSale Of Business
CommunityWexford-Maryvale
Lot Dimensions80.79 ft frontage
Dir/Cross StTower Dr/ Lawrence Ave. East
Garage TypePlaza
Heating TypeGas Forced Air Open
A/CYes
SewersSanitary
HSTIncluded In
Listed Date4/22/2026
Days on Market48 days
PossessionTBA
Vick Yogeswaran - REALTOR

Your agent: Vick Yogeswaran

REALTOR® · RE/MAX Realtron Realty Inc.

Same-day showings available

Property Insights

Listing Courtesy of: CENTURY 21 HERITAGE GROUP LTD.

MLS® #E13033160

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Wexford-Maryvale community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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