$149,000
1960 Lawrence Avenue E B1, Toronto, ON L1G 0C2
Wexford-Maryvale · E04
Listing courtesy of REON HOMES REALTY INC.
Wexford-Maryvale · E04 · M1R 3N9
$129,000
$99 / sq ft2 weeks on market
A truly unique business opportunity in Scarborough! This well-established hookah/shisha lounge offers an inviting atmosphere and excellent potential for an owner-operator looking to grow an established business. Situated in a desirable location surrounded by successful businesses, the lounge benefits from strong Google reviews. The approximately 1,250 sq. ft. premises accommodate around 40 patrons and feature a well-equipped setup, with ample parking available for approximately 15-20 vehicles. Monthly rent is approximately $4,680, including TMI and HST, and the landlord is willing to maintain this rate for four years, subject to lease terms. A basement with good ceiling height offers potential to expand the usable business space, subject to necessary approvals and permits. An exciting opportunity to build on an established business in a thriving Scarborough location!
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 64% of comparable business for sale listings in Wexford-Maryvale are asking less.
Based on 11 comparable active business for sale listings in Wexford-Maryvale. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $129,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX HALLMARK REALTY LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
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$149,000
Wexford-Maryvale · E04
Listing courtesy of REON HOMES REALTY INC.
$110,000
Wexford-Maryvale · E04
Listing courtesy of CENTURY 21 SKYLARK REAL ESTATE LTD.
$149,000
Wexford-Maryvale · E04
Listing courtesy of LUI REALTY INC.
$120,000
Wexford-Maryvale · E04
Listing courtesy of CENTURY 21 PEOPLE`S CHOICE REALTY INC.