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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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501 Passmore Avenue #27 Toronto E07
For SalePrice DropMilliken

501 Passmore Avenue #27 Toronto E07, Sale Of Business for Sale

MLS® E13857278

Milliken, Toronto, ON

37 days on market
$69,900
Previously $97,500
Show on Map
Show on Map
N/ABeds
N/ABaths
1,311Sqft
N/AParking
Sale Of Business

Overview· 501 Passmore Avenue #27 Toronto

MLS® #E13857278

Turnkey Event Business Opportunity In Scarborough. This Thoughtfully Designed Venue Features Approximately 1,311 Sq. Ft. Of Main-Level Space Plus A 450 Sq. Ft. Mezzanine, Accommodating Up To 48 Guests With Full Seating Or Approximately 70 Guests In A Mixed Seated/Standing Configuration. Fully Furnished And Equipped For Immediate Operation, The Space Is Ideal For Private Celebrations, Birthdays, Corporate Functions, Workshops, And Other Special Events. Attractive Gross Monthly Lease Of Approximately $2,705 Offers A Manageable Occupancy Cost. Includes: Wet Bar With Fridge, Sink And Microwave; Faux Grass Feature Wall; Designated DJ Area; One Washroom; Storage Room; Ample Parking; Existing Furnishings, Fixtures And Equipment; And Social Media Accounts. Owner Is Willing To Provide Training For A Smooth Handover. An Excellent Opportunity To Acquire An Established, Ready-To-Operate Business.

Broker

RE/MAX METROPOLIS REALTY

Neighbourhood

Milliken

Walk 54Avg $1.18MArea guide

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Walk Score®60Somewhat WalkableSomewhat Walkable
Transit Score®64Good TransitGood Transit
Bike Score®46Somewhat BikeableSomewhat Bikeable
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Safety18Safer than 18% of Toronto neighbourhoods (2025)Milliken: 1,948 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 501 Passmore Avenue #27 Toronto

Source: MLS® listing data
501 Passmore Avenue #27 Toronto

Sale Of Business

501 Passmore Avenue #27 Toronto

Milliken

Built

31-50

Type

Sale Of Business

Parking

Outside/Surface

Property Tax

~$0/yr

Heating

Gas Forced Air Open

Buying Essentials

Square Feet

1311 sqft

Parking

Outside/Surface

Finances

List Price

$69,900

Price per SQFT

$53.32/sqft

Property Tax

~$0/yr

Property Specs

Property Type

Sale Of Business

MLS Size

1311 sqft

Age of Building

31-50

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

Milliken

Listed On

Oct 2, 2026

Price & Listing History

Days on Market

Current: 37 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 501 Passmore Avenue #27 Toronto.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$281/mo
Total Monthly$281

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0