501 Passmore Avenue 27, Toronto, ON M1V 5G4 — $97,500

About this property

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.

General Details

Property Type

Commercial

Sub Type

Sale Of Business

Interior Features

Heating

Gas Forced Air Open

Cooling

Yes

Lot & Land

Dimensions

0.00 x 0.00 Feet

Zoning

M

Financial Information

Property Tax (2026)

$0

Market Information

Listed Date

October 2, 2026