2789 Lakeshore Boulevard W, Toronto, ON M8V 1H4
New Toronto · W06 · M8V 1H4
$59,900
2 months on market
- 0
What's special
- Yes
About this property
Enjoy exceptionally low monthly rent of only $3,900, including TMI. The landlord is also open to offering a new 5+5-year lease commencing at the same monthly rent. With a 5-star Google rating, loyal clientele, consistent income, and low operating overhead, the lounge has built an excellent reputation within the community. Perfect for pool and snooker tournaments, birthday celebrations, date nights, corporate bookings, team-building events, private parties, and live sports viewings. Currently operating from 4:00 p.m. until late, with no restrictions on operating hours, the business offers excellent potential to increase revenue through daytime operations, expanded programming, memberships, leagues, and special events. An outstanding opportunity for an investor or owner-operator seeking an established, steady-income entertainment business in a vibrant community.
Property details
Property
- Property type
- business
- Zoning
- Retail
- Possession
- Immediate
Interior
- Heating
- Electric Forced Air
- Cooling
- Yes
Costs
- List price
- $59,900
Listing
- MLS® number
- W13748470
- Status
- For sale
- Listed
- September 5, 2026
- Days on market
- 61
- Last updated
- November 3, 2026
- Listing brokerage
- HOMELIFE/MIRACLE REALTY LTD
Price & sale history
This property's sale history is hidden
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Before you make an offer
What this home costs beyond the asking price, and how that price compares to what else is on the market.
How this price compares
This home is priced below most comparable listings — about 13% of comparable business for sale listings in Toronto are asking less.
Based on 96 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.
Mortgage estimate
- Principal & interest
- $314.64
- Estimated monthly
- $315
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Land transfer tax
Payable on closing, on top of the purchase price.
- Ontario
- $324
- Toronto municipal
- $324
- Total due on closing
- $648
An estimate on the asking price of $59,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of HOMELIFE/MIRACLE 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.
Comparable sales nearby
What similar homes in this area actually sold for.
Nearby sold prices are hidden
Recent closed sales for comparable homes in this area — the numbers that tell you whether the asking price is realistic.
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