2789 LAKESHORE BOULEVARD W
Toronto (New Toronto), Ontario
MLS® W13494128
$124,990
- Status
- Active
- Property type
- Business
- MLS® number
- W13494128
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 20Listing description
Run a Gaming Lounge, VR Studio, Virtual Golfing business in this fully turnkey business features brand-new bar setup and equipment, professionally maintained pool and snooker tables, and a valid LLBO license secured until August 2028. Low rent of $3900 (including TMI) and landlord already okay for a longer 5+5 year lease starting at monthly rent of $3900 a month including TMI. Boasting a 5-star Google rating, the lounge enjoys a loyal customer base and an excellent reputation.
With low overhead and consistent income, it is ideal for tournament nights, birthday parties, date nights, corporate bookings, team-building events, and live sporting viewings. Currently operating from 4 PM till late night with no limitations on timings, there is strong potential to further increase revenue through expanded programming and events. A fantastic opportunity for investors or owner-operators seeking a steady-income business in a vibrant and established community.
Property summary
- MLS® number
- W13494128
- Property type
- Business
- Days on market
- 67 days
Features & details
- Heating
- Forced air
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $124,990 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of HOMELIFE/MIRACLE REALTY LTD, MISSISSAUGA.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.