$ 97,500

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)
Powered by REALTOR.ca
This listing content provided by REALTOR.ca has been licensed by REALTOR®
members of The Canadian Real Estate Association

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
27 - 501 Passmore Avenue

Contact Agent Get in touch about 27 - 501 Passmore Avenue, Toronto

PIRASHA VYGUNTHAVASAN
PIRASHA VYGUNTHAVASAN
RE/MAX METROPOLIS REALTY