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$248,000

3991 Major Mackenzie Dr

Vaughan, ON L4H 4G1

3991 Major Mackenzie Dr, VaughanListed at $248,000, 2 bathroom Sale Of Business. MLS® N13433964.

Possession · seller's timeline

Flexible

2Baths
3,342.3Sq Ft
Restaurant
Sale Of Business
$11,584.54Taxes/yr · 2025

Description

Exceptional opportunity to acquire a fully equipped, turnkey restaurant and hospitality space in a prime Vaughan location, approximately 10 minutes from Canada's Wonderland.Ideal for an established restaurateur looking to open a second or third location, expand an existing brand, introduce a new concept, or enter the Vaughan market without the significant time and cost of a full build-out. The space may also suit a pizzeria, bakery, café, franchise concept, banquet or event operator, catering business, hospitality group or owner-operator, subject to landlord approval and permitted use. The premises offer approximately 3,300 sq. ft. of beautifully renovated space, approximately 128 seats, an outdoor patio, 20+ parking spaces, liquor licence, wood-fired pizza oven, walk-in fridge and freezer, full commercial kitchen, plus extensive furniture, fixtures, equipment and inventory. Significant investment has already been made in the leasehold improvements and restaurant infrastructure, giving the next operator the opportunity to rebrand, introduce their own concept and begin operating without taking on a major build-out. Located in a high-traffic Vaughan area surrounded by established residential communities and commercial amenities. The business is being sold together with the assignment of the existing lease, running until 2029 with renewal options, subject to landlord approval.

Property Details

Property TypeSale Of Business
CommunityVellore Village
Washrooms2
Dir/Cross StMajor Mackenzie / Vellore Ave
Garage TypePlaza
Heating TypeGas Forced Air Closed
A/CYes
Taxes (2025)$11,584.54
HSTNot Subject to HST
Listed Date6/11/2026
Days on Market101 days
PossessionTBD

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Business NameSpizzico Ristorante
Property UseWithout Property
Occupant TypeOwner
Hours of OperationOperating 6 days per week dinner service.
FranchiseNo
Chattels IncludedYes
Seating Capacity128
Financial StatementsAvailable
Showing RequirementsList Salesperson
Possession TypeFlexible
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area3,342.3 Sq Ft

Industrial Specifications

Outside StorageNo
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: RE/MAX WEST REALTY INC.

MLS® #N13433964

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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HouseIndex Take: 3991 Major Mackenzie Drive

This sale of business is located in the Vellore Village neighbourhood of Vaughan.

The home offers 2 bathrooms.

Listed at $248,000 CAD with annual property taxes of $11,584.54 (2025).

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About Vaughan Real Estate

This Sale Of Business is located in the Vellore Village 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 →