200 Marycroft Avenue 13
Vaughan, L4L 5X9
FOR SALE
$199,000
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Sale Of Business
CATEGORY 1,500 Sq Ft
RETAIL AREA N13529236
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Property Description
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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Property Details
Address
200 Marycroft Avenue 13
Community
City
Postal Code
L4L 5X9
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
GMU
Retail Area
1,500 Sq Ft
Taxes
$2,794 (2025
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
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Listing contracted with Homelife Kingsview Real Estate Inc.
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