401 Magnetic Drive Unit# 39-40, Toronto W05, Ontario M3J 3H9 is For Sale and has a listing price of 299,000. The property is located in the York University Heights neighbourhood . It's been on the website for 5 Days.
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.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 03/25/2025 | W12039304 | $299,000 | For Sale | - | - |