2789 Lakeshore Boulevard W, Toronto, ON M8V 1H4
Toronto County
Key Facts
Description
Run a Gaming Lounge, VR Studio, Virtual Golfing business in this fully turnkey business features brand-new bar setup and equipment, professionally maintained pool and snooker tables, and a valid LLBO license secured until August 2028. Low rent of $3900 (including TMI) and landlord already okay for a longer 5+5 year lease starting at monthly rent of $3900 a month including TMI. Boasting a 5-star Google rating, the lounge enjoys a loyal customer base and an excellent reputation. With low overhead and consistent income, it is ideal for tournament nights, birthday parties, date nights, corporate bookings, team-building events, and live sporting viewings. Currently operating from 4 PM till late night with no limitations on timings, there is strong potential to further increase revenue through expanded programming and events. A fantastic opportunity for investors or owner-operators seeking a steady-income business in a vibrant and established community.
Property Information
Property Type
Commercial Sale
Sub-Type
Business
Lot Dimensions
0.0x0.0
MLS® Listing#
W13494128
Property Features
Heating
Directions
Lakeshore Blvd W and Third Street
Affordability Calculator
$24,998
Estimated monthly payment
$665/mo
Principal $99,992 · Est. interest $139,498 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Toronto, ON
- CA$786,362
- Median Listing Price
- 48
- Median Days on Market
- 950
- Median Sq Ft
- CA$821
- Median Price / Sq Ft
- 19,842
- Active Listings
- This home’s price is 84% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Toronto, ON.
Moving Cost Estimate
Listing Courtesy: HOMELIFE/MIRACLE REALTY LTD - 9056245678
Presented by: KAPS AGGARWAL