Proudly Canadian

No photos available

Active
NEW

$228,900

Unit 13 - 200 Marycroft Ave E

Vaughan, ON L4L 5X9

Unit 13 - 200 Marycroft Ave E, VaughanListed at $228,900 Sale Of Business. MLS® N13529236.

Just listed — 2 days ago
1,500Sq Ft
Restaurant
Sale Of Business
$2,793.91 (2025)

Description

This fully licensed and equipped "Lamasu Lounge and grill" restaurant is located in a busy plaza with ample parking at a high-traffic intersection, surrounded by commercial and residential areas. The restaurant has been completely updated and renovated, making it a turnkey operation with steady sales growth and significant potential for further expansion. While currently operating as a lounge and grill restaurant, the space can be converted to various other uses, subject to existing exclusivities. It includes a transferable liquor license for up to 28 patrons and is suitable for breakfast, lunch, parties, and catering. The lease terms are approximately $3,790.84 per month, including TMI and HST, and is valid until 2027, with all deals subject to landlord consent and approval. All chattels and equipment are included, with a list provided upon an accepted offer. This business is perfect for families and newcomers seeking a thriving restaurant with solid growth potential. Don't miss this exceptional opportunity!

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeOwner
Hours of Operation10AM -10PM
FranchiseNo
Chattels IncludedYes
Seating Capacity28
Full-Time Employees3
Financial StatementsNot Available
Showing RequirementsGo Direct
Possession TypeImmediate
Listing Expires11/6/2026

Commercial Space & Financials

Retail Area1,500 Sq Ft

Property Details

Property TypeSale Of Business
CommunityPine Valley Business Park
Dir/Cross StMarycroft and Highway 7
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
Taxes (2025)$2,793.91
HSTNot Subject to HST
Listed Date7/6/2026
Days on Market2 days

Schedule a Tour

MLS® Verified · Same-day showings available

Same-day showings available
WhatsApp Us About This Listing

Property Insights

Listing Courtesy of: HOMELIFE KINGSVIEW REAL ESTATE INC.

MLS® #N13529236

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.

Thinking about living in Vaughan?

Explore the neighbourhood guide for Vaughan — market trends, popular areas, buyer tips, and more.

About Vaughan Real Estate

This Sale Of Business is located in the Pine Valley Business Park community in Vaughan. Vaughan is one of the fastest-growing cities in the GTA, anchored by the Vaughan Metropolitan Centre and the Toronto-York Spadina subway extension. Families are drawn to master-planned communities in Kleinburg and Woodbridge, while the 400/407 interchange makes it a logistics and commuter hub. Canada's Wonderland and the Kortright Centre add lifestyle appeal.

TTC Line 1 extension to VMCCanada's Wonderland & Kortright CentreHighway 400/407 interchangeYork Region District School Board
~45 min commute to downtown TorontoWalkability: Car-oriented — walkable pockets near VMC station
View full Vaughan neighbourhood guide →