$199,000
( $132.67Per Sq Foot )
 $1,068 est/mo Sourced by Back At You

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

Vaughan, ON L4L 5X9

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Description

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!

Details

MLS #N13529236
Listing TypeFor Sale
Sub-TypeResale
StatusPrice Change
Year0
Days On Site64
Listing Provided ByHOMELIFE KINGSVIEW REAL ESTATE INC. | N13529236 064500

Features

SQ Feet1,500
Acreage0.03

Interior

CoolingYes

Taxes

Tax Annual Amount2793.91
Tax TypeTMI
Tax Year2025

Area Information

ProvinceON
CountyYork
CityVaughan
Postal CodeL4L 5X9
AreaPine Valley Business Park
Listing VS Median (in L4L 5X9)
Price:
$199,000
low | high
Med:
$199,000
50% of Average
sqft:
1,500
low | high
Med:
1,500
50% of Average
$ / sqft:
$133
low | high
Med:
$133
50% of Average
On site:
64
low | high
Med:
64
100% of Average
Sourced by Back At You

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Contact

Learn More About This Property

Priya Ramnarine

Priya Ramnarine

Coldwell Banker The Real Estate Centre

 (647) 272-7279priya.ramnarine@wearetrec.com
ProvinceON
CountyYork
CityVaughan
Postal CodeL4L 5X9
AreaPine Valley Business Park
Listing VS Median (in L4L 5X9)
Price:
$199,000
low | high
Med:
$199,000
50% of Average
sqft:
1,500
low | high
Med:
1,500
50% of Average
$ / sqft:
$133
low | high
Med:
$133
50% of Average
On site:
64
low | high
Med:
64
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $149K - $248K
sqft: 1,000 - 1,500
Nearby Listings Property ImageNearby Listings Details
200 Marycroft Avenue 17 Property Photo 1
$25
200 Marycroft Avenue 17
Vaughan, ON L4L 5X5
190 Marycroft Avenue 4 Property Photo 1
$3,600
190 Marycroft Avenue 4
Vaughan, ON L4L 5Y2
Listing Updated: July 31, 2026 at 2:56:44 PM PDT

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Priya Ramnarine

3485B Kingston Road
Toronto, Ontario M1M 1R4
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MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Toronto Real Estate Board.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the Information Technology of Southern Ontario MLS.
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