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Home · Buy · Toronto E04 · 14 Tower Drive 14, Toronto, ON M1R 3N9
14 Tower Drive 14, Toronto, ON M1R 3N9
14 Tower Drive 14, Toronto, ON M1R 3N9
14 Tower Drive 14, Toronto, ON M1R 3N9
14 Tower Drive 14, Toronto, ON M1R 3N9
14 Tower Drive 14, Toronto, ON M1R 3N9
For Sale · Sale Of Business

14 Tower Drive 14, Toronto, ON M1R 3N9

Toronto E04 · Wexford-Maryvale
Plaza garage
0
Beds
—
Baths
0
Parking
1300 sq ft
Sq ft
—
Built
The honest picture
List price
$149,000
Renavu Estimate
—
Benchmark · All homes
$865,200
Listed 83% below the Wexford-Maryvale benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.

About this home

An exceptional opportunity to own a fully operational, beautifully designed shisha lounge and café near Tower Dr. and Lawrence Ave. East, located in one of Toronto's vibrant commercial corridors. This versatile, turnkey space offers multi-use potential as a restaurant, café, lounge, or entertainment venue, with the option for a new owner to obtain a liquor license if desired. The premises feature modern décor, comfortable lounge seating, premium ventilation, and a fully equipped kitchen, ideal for shisha service, dining, and private events. The total area is approximately 1,250 sq.ft., including a finished basement of about 500 sq.ft. The space currently accommodates approximately 30 seated guests, with the ability to expand up to 45. The basement is well-suited for private parties, entertainment, or recreational use such as billiards or ping pong. Surrounded by high-density residential communities, schools, and retail plazas, this location benefits from steady foot traffic and strong community appeal. Licensed for tobacco use and compliant for café operations, this business offers immediate income potential with significant room for growth and improvement. Ample on-site parking includes approximately 26 spaces shared among three units; however, as the other two businesses close after 8:00 PM, the parking area is effectively private during evening hours.Currently in the second year of the lease. As per the lease agreement, total monthly expenses (including rent, TMI, and HST) are approximately $4,590; however, the tenant is currently paying $4,500, consistent with the first year, with no issue raised by the landlord. Please do not go direct or approach staff under any circumstances. All showings are by appointment only.

Property details

Listed on
April 22, 2026
Days on market
93 days
Property tax
$0 (2026)
Heating
Gas Forced Air Open
Cooling
Yes
MLS®
E13033160

Full details

Parking
GaragePlaza

Property & sold history

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Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$1,215
Toronto municipal LTT$1,215
Legal · title · inspection$2,800
Closing costs$5,230
Down payment$7,450
Total cash to close$12,680
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$149,000
MLS® E13033160 · Listed by CENTURY 21 HERITAGE GROUP LTD.
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of CENTURY 21 HERITAGE GROUP LTD.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated May 27, 2026.

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