← All listings

For Sale

501 Passmore Avenue 27, Toronto, ON M1V 5G4

$97,500

  • Sale Of Business
  • MLS® E13857278

Listing Brokerage: RE/MAX METROPOLIS REALTY

Description

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.

Property details

MLS® number
E13857278
Transaction
For Sale
Property type
Commercial
Style / use
Sale Of Business
Community
Milliken
City
Toronto E07
Building area
1311 Square Feet
Approximate age
31-50
Heating
Gas Forced Air Open
Cooling
Yes
Garage
Outside/Surface
Tax year
2026
Business type
Banquet Hall
Industrial area
1311
Retail area
1311
Listing brokerage
RE/MAX METROPOLIS REALTY

The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.

Listing information is deemed reliable but is not guaranteed accurate by PROPTX. Listings shown are a selection of properties from the IDX data feed and do not represent all MLS® listings. Data last updated October 20, 2026 at 8:25 pm.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. REALTOR® is a trademark controlled by CREA.

Request Free Evaluation