14 Tower Drive 14, Toronto, ON M1R 3N9
Toronto E04, ON, M1R 3N9 · Wexford-Maryvale
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