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MLS® N13529236
Vaughan, ON
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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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
Days on Market
Current: 124 days
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