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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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200 Marycroft Avenue E #13 Vaughan
For SalePrice DropVaughan

200 Marycroft Avenue E #13 Vaughan, Sale Of Business for Sale

MLS® N13529236

Vaughan, ON

124 days on market
$199,000
Previously $228,900
Show on Map
Show on Map
N/ABeds
N/ABaths
1,500Sqft
N/AParking
Sale Of Business

Overview· 200 Marycroft Avenue E #13 Vaughan

MLS® #N13529236

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!

Inclusions

List of chattels will be supplied upon request.

Broker

HOMELIFE KINGSVIEW REAL ESTATE INC.

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Walk Score®76Very WalkableVery Walkable
Transit Score®50Good TransitGood Transit
Bike Score®46Somewhat BikeableSomewhat Bikeable
Schools405 schools within 1.5 km · nearest 874 m5 schools within 1.5 km · nearest 874 m
Parks424 parks within 1 km · nearest 473 m4 parks within 1 km · nearest 473 m
Convenience5514 groceries, cafes and pharmacies within 1 km · nearest 154 m14 groceries, cafes and pharmacies within 1 km · nearest 154 m
Safety—Crime data covers Toronto onlyCrime data covers Toronto only

Highlights & Amenities· 200 Marycroft Avenue E #13 Vaughan

Source: MLS® listing data
200 Marycroft Avenue E #13 Vaughan

Sale Of Business

200 Marycroft Avenue E #13 Vaughan

Vaughan

Type

Sale Of Business

Parking

None

Property Tax

~$2,794/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

1500 sqft

Parking

None

Finances

List Price

$199,000

Price per SQFT

$133/sqft

Property Tax

~$2,794/yr

Property Specs

Property Type

Sale Of Business

MLS Size

1500 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Vaughan

Listed On

Jul 6, 2026

Price & Listing History

Days on Market

Current: 124 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Schools closest to 200 Marycroft Avenue E #13 Vaughan.

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$800/mo
Property Tax$233/mo
Total Monthly$1,033

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

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