NewFor Sale

Unit 39-40 - 401 Magnetic Drive
Toronto W05, Toronto, ON, M3J 3H9

Sale Of Business
TRREB
MLS® Number: W12039304
$299,000List Price
Sale Of BusinessProperty Type
1,402 sq ftSize
$1 / 2025Taxes (Annual)
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Property Location

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Listing History

Buy/sell history for 401 Magnetic Drive 39-40, Toronto W05, ON M3J 3H9

0 Transactions by CPRB Agents

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Description

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.

Features

No features available

Amenities

No amenities available

Summary

Tax (Annual):$1 / 2025
Listing #:W12039304
Property Type:Sale Of Business
Size:1,402 sq ft
Land Size:1 x 1
Days on CPRB:
Garage:Outside/Surface
Locker:None
On CPRB Since:
Listing Brokerage:KW Living Realty

Rooms

Details

Property

Property Type:Sale Of Business
Community:York University Heights
Municipality:Toronto

Building

Size:1,402 sq ft

Inside

Bedrooms:0
Bathrooms:2
Kitchens:0
Rooms:0
Family Room:No

Parking

Garage Type:Outside/Surface
Garage Spaces:0
Total Parking Spaces:0

Utilities

Cooling:Yes
Heating Type:Gas Forced Air Open
Utility Sewer:Sanitary

Land

Cross Street:Dufferin St & Steeles Ave W

$299,000

List price

Unit 39-40 - 401 Magnetic Drive, Toronto W05 – Sale Of Business for sale