13 - 200 MARYCROFT AVENUE E, Vaughan (Pine Valley Business Park)

$199,000

For sale: Other

Other at 13 - 200 MARYCROFT AVENUE E, Vaughan (Pine Valley Business Park)
Property type
Sale Of Business
MLS®
MLS® N13529236
Neighbourhood
Pine Valley Business Park

This fully licensed and equipped "Lamasu Lounge and grill" restaurant is located in a busy plaza with ample parking at a high-traffic intersection, surrounded by commercial and residential areas. The restaurant has been completely updated and renovated, making it a turnkey operation with steady sales growth and significant potential for further expansion. While currently operating as a lounge and grill restaurant, the space can be converted to various other uses, subject to existing exclusivities. It includes a transferable liquor license for up to 28 patrons and is suitable for breakfast, lunch, parties, and catering. The lease terms are approximately $3,790.84 per month, including TMI and HST, and is valid until 2027, with all deals subject to landlord consent and approval. All chattels and equipment are included, with a list provided upon an accepted offer. This business is perfect for families and newcomers seeking a thriving restaurant with solid growth potential. Don't miss this exceptional opportunity!

Sold data

Homes in Vaughan (Pine Valley Business Park) — recent sold market

Homes in Vaughan (Pine Valley Business Park) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 12 days and the slowest quarter taking more than 45, across 761 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 48 days.

The median sale price was $1,100,000.

Homes sold for about 3.4% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 15% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$1,100,000
Sale-to-list ratio
96.6%
Sold above asking
16%

Based on 761 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Vaughan (Pine Valley Business Park)

Vaughan (Pine Valley Business Park) has 91 Fraser Institute–rated schools (76 elementary and 15 secondary), averaging 7.1/10.

Rated schools
91
Elementary
76
Secondary
15
Average rating
7.1 / 10

Top-rated schools in Vaughan (Pine Valley Business Park)

  • Pierre Berton — elementary, VaughanFraser rating 8.2/10
  • Guardian Angels — elementary, VaughanFraser rating 7.7/10
  • Le-Petit-Prince — elementary, VaughanFraser rating 7.2/10
  • St Michael the Archangel — elementary, VaughanFraser rating 7.1/10
  • Glenn Gould — elementary, VaughanFraser rating 6.7/10
  • Nellie McClung — elementary, VaughanFraser rating 6.1/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 13 - 200 MARYCROFT AVENUE E