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14 Tower Drive 14, Toronto, ON M1R 3N9

Toronto E04, ON, M1R 3N9 · Wexford-Maryvale

Sq Ft
Sale Of Business Type
E13033160 MLS#

About this property

An exceptional opportunity to own a fully operational, beautifully designed shisha lounge and café near Tower Dr. and Lawrence Ave. East, located in one of Toronto's vibrant commercial corridors. This versatile, turnkey space offers multi-use potential as a restaurant, café, lounge, or entertainment venue, with the option for a new owner to obtain a liquor license if desired. The premises feature modern décor, comfortable lounge seating, premium ventilation, and a fully equipped kitchen, ideal for shisha service, dining, and private events. The total area is approximately 1,250 sq.ft., including a finished basement of about 500 sq.ft. The space currently accommodates approximately 30 seated guests, with the ability to expand up to 45. The basement is well-suited for private parties, entertainment, or recreational use such as billiards or ping pong. Surrounded by high-density residential communities, schools, and retail plazas, this location benefits from steady foot traffic and strong community appeal. Licensed for tobacco use and compliant for café operations, this business offers immediate income potential with significant room for growth and improvement. Ample on-site parking includes approximately 26 spaces shared among three units; however, as the other two businesses close after 8:00 PM, the parking area is effectively private during evening hours.Currently in the second year of the lease. As per the lease agreement, total monthly expenses (including rent, TMI, and HST) are approximately $4,590; however, the tenant is currently paying $4,500, consistent with the first year, with no issue raised by the landlord. Please do not go direct or approach staff under any circumstances. All showings are by appointment only.

Features & Amenities

  • Garage: Plaza
  • Cooling: Yes
  • Heat Type: Gas Forced Air Open
  • Sewer: Sanitary

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Garage Plaza
Heat Type Gas Forced Air Open
Cooling Yes
Sewer Sanitary
Tax Year 2026

Building & Construction

Building Area Total
1300

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes

Parking & Garage

Garage Type
Plaza

Lot & Land

Lot Size Units
Feet
Lot Depth
0.00
Lot Width
80.79

Financial & Tax

Tax Year
2026
Possession Type
Flexible
Possession Details
TBA

Utilities & Services

Sewer
Sanitary

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Tower Dr/ Lawrence Ave. East
Directions
Tower Dr/ Lawrence Ave. East
Showing Requirements
Lockbox

Location

14 Tower Drive 14, Toronto, ON M1R 3N9, Toronto E04, ON, M1R 3N9

Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.
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