14 Tower Drive, Toronto, ON M1R 3N9
Wexford-Maryvale, Toronto · Near Tower Dr / Lawrence Ave East · View map
About this home
A truly unique business opportunity in Scarborough! This well-established hookah/shisha lounge offers an inviting atmosphere and excellent potential for an owner-operator looking to grow an established business. Situated in a desirable location surrounded by successful businesses, the lounge benefits from strong Google reviews. The approximately 1,250 sq. ft. premises accommodate around 40 patrons and feature a well-equipped setup, with ample parking available for approximately 15-20 vehicles. Monthly rent is approximately $4,680, including TMI and HST, and the landlord is willing to maintain this rate for four years, subject to lease terms. A basement with good ceiling height offers potential to expand the usable business space, subject to necessary approvals and permits. An exciting opportunity to build on an established business in a thriving Scarborough location!
The home
- Type
- Sale of business
- Square footage
- 1300 sq ft
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Plaza
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Tenant
- Possession
- Flexible
- Cross street
- Tower Dr / Lawrence Ave East
- Neighbourhood
- Wexford-Maryvale
More
- MLS® number
- E14095890
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No features listed yet.
- Mortgage
- Property tax
- Maintenance fee
Cash needed to close
Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.
14 Tower Drive, Toronto, ON M1R 3N9
Wexford-Maryvale, Toronto · Near Tower Dr / Lawrence Ave East
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Listing history for 14 Tower Drive
See what this home and others at the same address were listed for, what they sold for, and how long it took.
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Frequently asked questions about 14 Tower Drive
Answers come straight from this home’s MLS® listing.
How much is 14 Tower Drive listed for, and what would it cost each month?
14 Tower Drive is listed for $129,000. With 20% down ($25,800), the mortgage payment would be roughly $520 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $601 a month, all in. That figure is an illustration, not a quote.
Is 14 Tower Drive freehold or a condo, and is there a monthly fee?
14 Tower Drive is a sale of business in Wexford-Maryvale, Toronto. 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 14 Tower Drive have a garage and parking?
Yes. The listing shows the garage as plaza. The listing does not include a parking space.
What style of home is 14 Tower Drive?
14 Tower Drive is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 14 Tower Drive heated and cooled?
Heating is gas forced air open. Cooling is yes.
Where is 14 Tower Drive?
14 Tower Drive is in the Wexford-Maryvale community of Toronto. The nearest main intersection is Tower Dr / Lawrence Ave East. The postal code is M1R 3N9.
Is 14 Tower Drive still for sale?
Yes. It is an active listing (MLS® E14095890). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 14 Tower Drive asking?
Similar properties for sale nearby right now include 1738A Lawrence Avenue E at $120,000, A - 2084 Lawrence Avenue E at $110,000 and B1 - 1960 Lawrence Avenue E at $149,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 14 Tower Drive 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 14 Tower Drive?
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.
Similar properties nearby
More properties for sale near Wexford-Maryvale, picked by style, size and price.
Sale of business$120,0001738A Lawrence Avenue E, Toronto1 bath · Wexford-MaryvaleCourtesy of: CENTURY 21 PEOPLE`S CHOICE REALTY INC.View home →
Sale of business$110,000A - 2084 Lawrence Avenue E, Toronto2 bath · Wexford-MaryvaleCourtesy of: CENTURY 21 SKYLARK REAL ESTATE LTD.View home →
Sale of business$149,000B1 - 1960 Lawrence Avenue E, Toronto2 bath · Wexford-MaryvaleCourtesy of: REON HOMES REALTY INC.View home →Courtesy of: RE/MAX HALLMARK REALTY LTD.
Listing information comes from the Toronto Regional Real Estate Board through PropTx and is deemed reliable but is not guaranteed accurate. It is provided for consumers' personal, non-commercial use. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
*Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.