For saleMLS® N13529236

13 - 200 Marycroft Avenue E, Vaughan, ON L4L 5X9

Pine Valley Business Park, Vaughan · Near Marycroft and Highway 7 · View map

$199,000
1500Sq ft
Sale of businessType
NoneParking
$2,794/yrTaxes
$199,000
FreeholdNo monthly condo fee

About this home

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!

The home

Type
Sale of business
Square footage
1500 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Property taxes
$2,794/yr
Tax year
2025
Occupancy
Owner
Possession
Immediate
Cross street
Marycroft and Highway 7
Neighbourhood
Pine Valley Business Park

More

MLS® number
N13529236

No features listed yet.

Want to know something that isn’t listed?
Estimated monthly cost$1,036per month, all in
  • Mortgage
  • Property tax

Cash needed to close

    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    200 Marycroft Avenue, Vaughan, ON L4L 5X9

    Pine Valley Business Park, Vaughan · Near Marycroft and Highway 7

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    Sold history

    Listing history for 200 Marycroft Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 13 - 200 Marycroft Avenue E

    Answers come straight from this home’s MLS® listing.

    How much is 13 - 200 Marycroft Avenue E listed for, and what would it cost each month?

    13 - 200 Marycroft Avenue E is listed for $199,000. With 20% down ($39,800), the mortgage payment would be roughly $803 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $1,036 a month, all in. That figure is an illustration, not a quote.

    Is 13 - 200 Marycroft Avenue E freehold or a condo, and is there a monthly fee?

    13 - 200 Marycroft Avenue E is a sale of business in Pine Valley Business Park, Vaughan. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 13 - 200 Marycroft Avenue E have a garage and parking?

    The listing does not show a garage. The listing does not include a parking space.

    What style of home is 13 - 200 Marycroft Avenue E?

    13 - 200 Marycroft Avenue E is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 13 - 200 Marycroft Avenue E heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    What are the property taxes for 13 - 200 Marycroft Avenue E?

    Property taxes are $2,794 a year (2025), or about $233 a month.

    Where is 13 - 200 Marycroft Avenue E?

    13 - 200 Marycroft Avenue E is in the Pine Valley Business Park community of Vaughan. The nearest main intersection is Marycroft and Highway 7. The postal code is L4L 5X9.

    Is 13 - 200 Marycroft Avenue E still for sale?

    Yes. It is an active listing (MLS® N13529236). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 13 - 200 Marycroft Avenue E asking?

    Similar properties for sale nearby right now include 141B - 30 Famous Avenue at $159,900, 37 - 7600 Weston Road at $150,000 and 7600 WESTON Road at $249,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 200 Marycroft Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 13 - 200 Marycroft Avenue E?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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