14 Tower Drive, Toronto E04

$129,000
14 Tower Drive

$129,000

New
8d
Sale Of Business

14 Tower Drive, Toronto E04

Total Monthly Obligation $895

Beds
0
Baths
0
Park
0
DOM
8d
Property Type-Sale Of Business
MLS® Number-E14095890
Beds-0
Lot Size-80.7 ft (front)
Listed on site-Oct 15, 2026
Building Type-Sale Of Business
Parking-Plaza
Heating-Gas Forced Air Open
Brokerage-RE/MAX HALLMARK REALTY LTD.
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Sanitary
Possession-Flexible
Neighbourhood-Wexford-Maryvale
Title-Commercial

No agent assigned

A truly unique business opportunity in Scarborough! This well-established hookah/shisha lounge offers an inviting atmosphere and excellent potential for an owner-operator looking to grow an established business. Situated in a desirable location surrounded by successful businesses, the lounge benefits from strong Google reviews. The approximately 1,250 sq. ft. premises accommodate around 40 patrons and feature a well-equipped setup, with ample parking available for approximately 15-20 vehicles. Monthly rent is approximately $4,680, including TMI and HST, and the landlord is willing to maintain this rate for four years, subject to lease terms. A basement with good ceiling height offers potential to expand the usable business space, subject to necessary approvals and permits. An exciting opportunity to build on an established business in a thriving Scarborough location!

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Closing Costs

Mortgage Amount
$103,200
Land Transfer Taxes$1,015
Legal Fees (Est.)
$
Total cash required for closing$28,315

Total Monthly Obligation

$895/mo
Mortgage $520
Monthly Loss $758
Principal$137
Interest$383
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 14 Tower Drive

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