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200 Marycroft Avenue E 13, Vaughan, ON L4L 5X9

Vaughan, ON, L4L 5X9 · Pine Valley Business Park

Sq Ft
Sale Of Business Type
N13529236 MLS#

About this property

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!

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Closed

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Garage None
Heat Type Gas Forced Air Closed
Cooling Yes
Annual Tax $2,794
Tax Year 2025

Building & Construction

Building Area Total
1500

Heating & Cooling

Heat Type
Gas Forced Air Closed
Cooling
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
0.00
Lot Width
0.00

Financial & Tax

Tax Annual Amount
$2,794
Tax Year
2025
Possession Type
Immediate

Additional Details

Occupant Type
Owner
County Or Parish
York
Cross Street
Marycroft and Highway 7
Directions
Marycroft and Highway 7
Showing Requirements
Go Direct

Location

200 Marycroft Avenue E 13, Vaughan, ON L4L 5X9, Vaughan, ON, L4L 5X9

Listing courtesy of HOMELIFE KINGSVIEW REAL ESTATE INC.
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