Vaughan, ON
200 Marycroft Avenue E
$199,000
Data last updated Oct 27, 2026, 7:30 p.m. ET. By using this site you agree to our Terms of Use.
Property facts
- Price
- $199,000
- Type
- sale of business
- Bedrooms
- 0
- Bathrooms
- 0
- Size
- 1,500 sq ft
- MLS®
- N13529236
- Status
- active
- Brokerage
- HOMELIFE KINGSVIEW REAL ESTATE INC.
About this home
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!