For saleMLS® W13840732

59 Four Winds Drive, Toronto, ON M3J 1K7

York University Heights, Toronto · Near Keele & Finch · View map

$89,900
Sale of businessType
NoneParking
$89,900
FreeholdNo monthly condo fee
Lot 219 x 411 ftThe land comes with the home

About this home

AGCO Liquor Licenced - 22 Seats! Excellent opportunity to acquire a well-established, fully equipped restaurant/bar business operating for approximately 15 years AGCO Licence #LSL818012. Masala Cafe. Currently operating 4 pm - 2 am only. Can increase sales by adding Breakfast and Lunch. Located in University City Mall, over 60,000 sq ft community mall, steps to York University campus at Keele & Finch, new subway station and newly open LRT nearby. Join the over 35 tenants in this small community mall with busy grocery store Anchor tenant and 15 eat in and take out restaurants, with no nearby competition. high density residential area numerous hi rise condominiums and hi rise apartment buildings are just steps away. Excellent walk-in traffic approximately 1300 sq ft with a fully equipped commercial kitchen, walk-in cooler, approx 12 ft exhaust hood with fire suppression system, plus restaurant equipment, appliances and fixtures included in the sale. Currently operating a Sri Lankan eat-in/takeout restaurant and bar/pub. Continue the existing operation or introduce your own concept and menu- excellent infrastructure already in place for a wide variety of food and beverage uses, subject to required approvals. Rare unit offering both front and rear entrances for convenient customer access, deliveries and restaurant operations. Fantastic courtyard location with excellent exposure and visibility. Potential opportunity for an outdoor patio, landlord approved! Will require municipal/AGCO approvals. Potential opportunity to expand into approx. 700 sq f of adjacent space. Excellent rental rates. Landlord prepared to offer new lease terms to qualified purchaser. A rare turnkey restaurant/bar opportunity with substantial existing infostructure in a high-density Toronto location. DO NOT GO DIRECT OR SPEAK TO STAFF. All appointments through Listing Agent.

The home

Type
Sale of business
Lot size
219 x 411 ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None
Property management
Sovana Management Inc.
Security
Yes

Heating & cooling

Heating type
Gas Forced Air Closed
Air conditioning
Yes

Garage & parking

Total parking
None

Taxes & other

Tax year
2026
Occupancy
Owner
Possession
TBA/Immediate
Cross street
Keele & Finch
Neighbourhood
York University Heights

More

MLS® number
W13840732

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Want to know something that isn’t listed?
Estimated monthly cost$419per month, all in
  • Mortgage
  • Property tax

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.

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    59 Four Winds Drive, Toronto, ON M3J 1K7

    York University Heights, Toronto · Near Keele & Finch

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    Sold history

    Listing history for 59 Four Winds Drive

    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 59 Four Winds Drive

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

    How much is 59 Four Winds Drive listed for, and what would it cost each month?

    59 Four Winds Drive is listed for $89,900. With 20% down ($17,980), the mortgage payment would be roughly $363 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $419 a month, all in. That figure is an illustration, not a quote.

    Is 59 Four Winds Drive freehold or a condo, and is there a monthly fee?

    59 Four Winds Drive is a sale of business in York University Heights, 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 59 Four Winds Drive 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 59 Four Winds Drive?

    59 Four Winds Drive is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How big is 59 Four Winds Drive, and what is the lot size?

    The lot is listed as 219 x 411 ft.

    How is 59 Four Winds Drive heated and cooled?

    Heating is gas forced air closed. Cooling is yes.

    Where is 59 Four Winds Drive?

    59 Four Winds Drive is in the York University Heights community of Toronto. The nearest main intersection is Keele & Finch. The postal code is M3J 1K7.

    Is 59 Four Winds Drive still for sale?

    Yes. It is an active listing (MLS® W13840732). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 59 Four Winds Drive asking?

    Similar properties for sale nearby right now include 90 - 105 The Pond Road at $99,000, 80 - 95 The Pond Road at $99,000 and 106 - 1280 FINCH Avenue at $100,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 59 Four Winds 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 59 Four Winds 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.

    *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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