$ 129,000

14 Tower Drive, Toronto

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! (id:1945)
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Property details for 14 Tower Drive, Toronto

Type
Commercial
Bathrooms
2
Living Area
1,300 square feet
Lot Size
Unit=80.7 FT
Heating
Forced air, Natural gas
Cooling
Fully air conditioned

Nearby Listings Stat

Estimated price and comparable properties near 14 Tower Drive

Active Listings
97
Min Price
$110,000
Max Price
$2,200,000
Avg Price
$698,205
Days on Market
50
days
Sold Listings
43
Min Sold Price
$375,000
Max Sold Price
$1,348,000
Avg Sold Price
$750,530
Days until Sold
49
days

Price History

Listed
October 19, 2026
by RE/MAX HALLMARK REALTY LTD.
Current Price
$129,000
-18.9% from last change
Type
Commercial
For Sale
Price Changes
1
Date Price Change
Current $129,000 $30,000 (-18.9%)
Oct 23, 2026 $159,000 Listed

Contact Agent Get in touch about 14 Tower Drive, Toronto

AHAD HOSSEINNIA
AHAD HOSSEINNIA
RE/MAX HALLMARK REALTY LTD.