$299,000
#39-40 - 401 Magnetic Drive, Toronto, ON M3J 3H9
York University Heights, Toronto,
Properties with this icon are courtesy of
TRREB.
This profitable, turn-key restaurant, bar and event venue offers a dynamic business model that caters to diverse customer needs throughout the day and night. During the day, it can be operated as a vibrant restaurant with a full-equipped kitchen, serving delicious meals in a welcoming environment. As the sun sets, the venue transforms into a lively bar, featuring DJ sets and live music to create an exciting nightlife experience. With a focus on private events, this venue is perfect for hosting corporate functions, birthday celebrations, and other special occasions. The current liquor license allows for the smooth operation of both the restaurant and bar, making it an attractive option for those looking to enjoy a drink with their meal or celebrate in style. The space is fully equipped and ready to run, providing a seamless transition for a new owner. Additionally, there is an opportunity for expansion with an adjacent 2,000 sq ft of space that is secured under the current lease with the landlord, offering potential for growth and additional revenue.
- HoldoverDays: 90
- Property Type: Commercial
- Property Sub Type: Sale Of Business
- GarageType: Outside/Surface
- Directions: n/a
- Tax Year: 2025
- WashroomsType1: 2
- Cooling: Yes
- HeatType: Gas Forced Air Open
- Sewer: Sanitary
- Building Area Total: 1402
- Building Area Units: Square Feet
- LotSizeUnits: Feet
- LotDepth: 1
- LotWidth: 1
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