$89,900
( )
 $483 est/mo Sourced by Back At You

59 Four Winds Drive,Toronto (York University Heights, ON M3J1K7

Toronto (York University Heights, ON M3J1K7

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Description

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. (id:13843)

Details

MLS #W13840732
Listing TypeFor Sale
StatusActive
Days On Site45
Listing Provided ByWEISS REALTY LTD. | MAURIZIO (MORRIS) LUCCHESE

Features

ZoningCommercial Mall

Interior

CoolingFully air conditioned
HeatingForced air, Natural gas
AppliancesAll
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount0

Area Information

ProvinceON
CityToronto (York University Heights
Postal CodeM3J1K7
Listing VS Median (in M3J1K7)
Price:
$89,900
low | high
Med:
$482,450
100% of Average
On site:
45
low | high
Med:
23
100% of Average
Sourced by Back At You

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Learn More About This Property

ProvinceON
CityToronto (York University Heights
Postal CodeM3J1K7
Listing VS Median (in M3J1K7)
Price:
$89,900
low | high
Med:
$482,450
100% of Average
On site:
45
low | high
Med:
23
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $67K - $112K
sqft: 0 - 0
Listing Updated: September 29, 2026 at 2:38:09 PM PDT