501 Passmore Avenue 27, Toronto E07

$97,500
501 Passmore Avenue 27

$97,500

New
21d
Sale Of Business

501 Passmore Avenue 27, Toronto E07

Total Monthly Obligation $768

Beds
0
Baths
0
Park
0
DOM
21d
Property Type-Sale Of Business
MLS® Number-E13857278
Beds-0
Listed on site-Oct 2, 2026
Building Type-Sale Of Business
Age-31-50
Parking-Outside/Surface
Heating-Gas Forced Air Open
Brokerage-RE/MAX METROPOLIS REALTY
Cooling-Yes
Fireplace-No
Pool-None
Possession-TBA
Neighbourhood-Milliken
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$78,000
Land Transfer Taxes$700
Legal Fees (Est.)
$
Total cash required for closing$21,700

Total Monthly Obligation

$768/mo
Mortgage $393
Monthly Loss $665
Principal$103
Interest$290
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 501 Passmore Avenue 27

Time

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