27 - 501 Passmore Avenue, Toronto
Turnkey Event Business Opportunity In Scarborough. This Thoughtfully Designed Venue Features Approximately 1,311 Sq. Ft. Of Main-Level Space Plus A 450 Sq. Ft. Mezzanine, Accommodating Up To 48 Guests With Full Seating Or Approximately 70 Guests In A Mixed Seated/Standing Configuration. Fully Furnished And Equipped For Immediate Operation, The Space Is Ideal For Private Celebrations, Birthdays, Corporate Functions, Workshops, And Other Special Events. Attractive Gross Monthly Lease Of Approximately $2,705 Offers A Manageable Occupancy Cost. Includes: Wet Bar With Fridge, Sink And Microwave; Faux Grass Feature Wall; Designated DJ Area; One Washroom; Storage Room; Ample Parking; Existing Furnishings, Fixtures And Equipment; And Social Media Accounts. Owner Is Willing To Provide Training For A Smooth Handover. An Excellent Opportunity To Acquire An Established, Ready-To-Operate Business. (id:1945)
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Property details for 27 - 501 Passmore Avenue, Toronto
- Type
- Commercial
- Living Area
- 1,311 square feet
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
Nearby Listings Stat
Estimated price and comparable properties near 27 - 501 Passmore Avenue
Active Listings
61
Min Price
$39,000
Max Price
$2,499,999
Avg Price
$724,516
Days on Market
54
days
Sold Listings
23
Min Sold Price
$149,000
Max Sold Price
$1,389,000
Avg Sold Price
$705,699
Days until Sold
65
days
Neighbourhood Census Data
Toronto, Ontario
Population
371
Median Age
42.2
Median Income
$24,384
Dwelling Value
$551,050
Age Distribution
Dwelling Types
Commute Mode
Education Level
Housing Age
Commute Duration
Avg Household Size: 3.4
Pop. Density: 201.7/km²
Avg Shelter Cost: $1,772/mo
Owners with Mortgage: 85.7%
Owners Spending 30%+: 47.6%
Tenants Spending 30%+: 0%
English only: 85.1%
French only: 1.4%
English and French: 4.1%
Neither: 10.8%
Median Household Income: $69,760
Median Employment Income: $24,384
Price History
Listed
October 2, 2026
by RE/MAX METROPOLIS REALTY
Current Price
$97,500
Type
Commercial
For Sale