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MLS® W13840732
York University Heights, Toronto, ON
AGCO Liquor Licenced - 22 Seats! Excellent opportunity to acquire a well-established, fully equipped restaurant/bar business operating for approximately 15 years AGCO Licence #LSL818012. Masala Cafe. Currently operating 4 pm - 2 am only. Can increase sales by adding Breakfast and Lunch. Located in University City Mall, over 60,000 sq ft community mall, steps to York University campus at Keele & Finch, new subway station and newly open LRT nearby. Join the over 35 tenants in this small community mall with busy grocery store Anchor tenant and 15 eat in and take out restaurants, with no nearby competition. high density residential area numerous hi rise condominiums and hi rise apartment buildings are just steps away. Excellent walk-in traffic approximately 1300 sq ft with a fully equipped commercial kitchen, walk-in cooler, approx 12 ft exhaust hood with fire suppression system, plus restaurant equipment, appliances and fixtures included in the sale. Currently operating a Sri Lankan eat-in/takeout restaurant and bar/pub. Continue the existing operation or introduce your own concept and menu- excellent infrastructure already in place for a wide variety of food and beverage uses, subject to required approvals. Rare unit offering both front and rear entrances for convenient customer access, deliveries and restaurant operations. Fantastic courtyard location with excellent exposure and visibility. Potential opportunity for an outdoor patio, landlord approved! Will require municipal/AGCO approvals. Potential opportunity to expand into approx. 700 sq f of adjacent space. Excellent rental rates. Landlord prepared to offer new lease terms to qualified purchaser. A rare turnkey restaurant/bar opportunity with substantial existing infostructure in a high-density Toronto location. DO NOT GO DIRECT OR SPEAK TO STAFF. All appointments through Listing Agent.
Inclusions
Fully equipped kitchen, walk-in cooler, stove, grill, griddle, deep fryer, all appliances, and related equipment included. 12 ft restaurant exhaust hood with fire suppression system. Full bar, table, chairs and booths
Broker
WEISS REALTY LTD.
Neighbourhood
York University Heights
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Sale Of Business
59 Four Winds Drive Toronto
York University Heights
Type
Sale Of Business
Parking
None
Property Tax
~$0/yr
Heating
Gas Forced Air Closed
Buying Essentials
Parking
None
Finances
List Price
$89,900
Property Tax
~$0/yr
Property Specs
Property Type
Sale Of Business
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
York University Heights
Property Manager
Sovana Management Inc.
Listed On
Sep 28, 2026
Public Transit
Recreation/Community Centre
Days on Market
Current: 40 days
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