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For saleMLS® W13748470

2789 Lakeshore Boulevard W, Toronto, ON M8V 1H4

New Toronto · W06 · M8V 1H4

$59,900

2 months on market

0

What's special

  • Yes

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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.

$55KMedian $149K$399K

Based on 96 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $2,995
$2,995
Interest rate5-year fixed, illustrative only
4.49%
Amortization
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.

$59,900

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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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