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Toronto W05, ON M3J 3H9,401 Magnetic DR #39-40
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Toronto W05, ON M3J 3H9,401 Magnetic DR #39-40
Toronto W05, ON M3J 3H9,401 Magnetic DR #39-40
Toronto W05, ON M3J 3H9,401 Magnetic DR #39-40
Toronto W05, ON M3J 3H9,401 Magnetic DR #39-40
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Jamie Black

Jamie Black

+1(416) 496-9220
$ 299,000
Est. payment /mo
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401 Magnetic DR #39-40 Toronto W05, ON M3J 3H9

2 Baths

1,402 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,402 sqft

Price per Sqft $213

Subdivision York University Heights

MLS Listing ID W12039304

Condo Fees $1

Annual Tax Amount $1

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

This profitable, turn-key restaurant, bar and event venue offers a dynamic business model that caters to diverse customer needs throughout the day and night. During the day, it can be operated as a vibrant restaurant with a full-equipped kitchen, serving delicious meals in a welcoming environment. As the sun sets, the venue transforms into a lively bar, featuring DJ sets and live music to create an exciting nightlife experience. With a focus on private events, this venue is perfect for hosting corporate functions, birthday celebrations, and other special occasions. The current liquor license allows for the smooth operation of both the restaurant and bar, making it an attractive option for those looking to enjoy a drink with their meal or celebrate in style. The space is fully equipped and ready to run, providing a seamless transition for a new owner. Additionally, there is an opportunity for expansion with an adjacent 2,000 sq ft of space that is secured under the current lease with the landlord, offering potential for growth and additional revenue.

Location

Province ON

County Toronto

Community York University Heights

Area Toronto

Interior

Heating Yes

Cooling Yes

Exterior

Community Features Major Highway, Public Transit

Utilities Available Yes

Lot Frontage 1.0

Lot Depth 1.0

Others

Security Features Yes

Listed by KW Living Realty
Jamie Black

Jamie Black

Sales Representative

+1(416) 496-9220

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401 Magnetic DR #39-40

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