27 - 501 Passmore Avenue, Toronto, ON M1V 5G4
Milliken, Toronto · Near Middlefield/Steeles · View map
About this home
Turnkey Event Business Opportunity In Scarborough. This Thoughtfully Designed Venue Features Approximately 1,311 Sq. Ft. Of Main-Level Space Plus A 450 Sq. Ft. Mezzanine, Accommodating Up To 48 Guests With Full Seating Or Approximately 70 Guests In A Mixed Seated/Standing Configuration. Fully Furnished And Equipped For Immediate Operation, The Space Is Ideal For Private Celebrations, Birthdays, Corporate Functions, Workshops, And Other Special Events. Attractive Gross Monthly Lease Of Approximately $2,705 Offers A Manageable Occupancy Cost. Includes: Wet Bar With Fridge, Sink And Microwave; Faux Grass Feature Wall; Designated DJ Area; One Washroom; Storage Room; Ample Parking; Existing Furnishings, Fixtures And Equipment; And Social Media Accounts. Owner Is Willing To Provide Training For A Smooth Handover. An Excellent Opportunity To Acquire An Established, Ready-To-Operate Business.
The home
- Type
- Sale of business
- Square footage
- 1311 sq ft
- Approximate age
- 31-50 years
Ownership & fees
- Ownership
- Freehold
- Monthly condo fee
- None
- Security
- Yes
Heating & cooling
- Heating type
- Gas Forced Air Open
- Air conditioning
- Yes
Garage & parking
- Garage
- Outside/Surface
- Total parking
- None
Taxes & other
- Tax year
- 2026
- Occupancy
- Vacant
- Possession
- TBA
- Cross street
- Middlefield/Steeles
- Neighbourhood
- Milliken
More
- MLS® number
- E13857278
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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.
501 Passmore Avenue, Toronto, ON M1V 5G4
Milliken, Toronto · Near Middlefield/Steeles
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Listing history for 501 Passmore Avenue
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 27 - 501 Passmore Avenue
Answers come straight from this home’s MLS® listing.
How much is 27 - 501 Passmore Avenue listed for, and what would it cost each month?
27 - 501 Passmore Avenue is listed for $69,900. With 20% down ($13,980), the mortgage payment would be roughly $282 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $326 a month, all in. That figure is an illustration, not a quote.
Is 27 - 501 Passmore Avenue freehold or a condo, and is there a monthly fee?
27 - 501 Passmore Avenue is a sale of business in Milliken, 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 27 - 501 Passmore Avenue have a garage and parking?
Yes. The listing shows the garage as outside/surface. The listing does not include a parking space.
What style of home is 27 - 501 Passmore Avenue?
27 - 501 Passmore Avenue is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.
How is 27 - 501 Passmore Avenue heated and cooled?
Heating is gas forced air open. Cooling is yes.
Where is 27 - 501 Passmore Avenue?
27 - 501 Passmore Avenue is in the Milliken community of Toronto. The nearest main intersection is Middlefield/Steeles. The postal code is M1V 5G4.
Is 27 - 501 Passmore Avenue still for sale?
Yes. It is an active listing (MLS® E13857278). Listings here update from the board through the day and come down once a home sells.
What are similar properties near 27 - 501 Passmore Avenue asking?
Similar properties for sale nearby right now include 134 - 70 silver star Boulevard at $69,000, 5 - 5661 Steeles Avenue E at $69,000 and 2A17&18 - 4675 Steeles Avenue E at $68,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.
What have homes at 501 Passmore 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 27 - 501 Passmore Avenue?
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 Milliken, picked by style, size and price.
Sale of business$69,000134 - 70 silver star Boulevard, TorontoMillikenCourtesy of: BAY STREET GROUP INC.View home →
Sale of business$69,0005 - 5661 Steeles Avenue E, TorontoMillikenCourtesy of: BAY STREET GROUP INC.View home →
Commercial retail$68,0002A17&18 - 4675 Steeles Avenue E, TorontoMillikenCourtesy of: BEST UNION REALTY INC.View home →Courtesy of: RE/MAX METROPOLIS REALTY
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.