200 Marycroft Avenue E 13, Vaughan

$199,000
200 Marycroft Avenue E 13

$199,000

Price Change
109d
Sale Of Business

200 Marycroft Avenue E 13, Vaughan

Total Monthly Obligation $1,411

Beds
0
Baths
0
Park
0
DOM
109d
Property Type-Sale Of Business
MLS® Number-N13529236
Beds-0
Listed on site-Jul 6, 2026
Building Type-Sale Of Business
Taxes-$2,793.91 (2025)
Parking-None
Heating-Gas Forced Air Closed
Brokerage-HOMELIFE KINGSVIEW REAL ESTATE INC.
Cooling-Yes
Fireplace-No
Pool-None
Possession-Immediate
Neighbourhood-Pine Valley Business Park
Title-Commercial

No agent assigned

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!

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Closing Costs

Mortgage Amount
$159,200
Land Transfer Taxes$1,715
Legal Fees (Est.)
$
Total cash required for closing$43,015

Total Monthly Obligation

$1,411/mo
Mortgage $803
Monthly Loss $1,199
Principal$211
Interest$591
Property Tax$233
Home Insurance$125
Variable Costs$250

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

Comparables

Properties near 200 Marycroft Avenue E 13

Time

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