Home · Buy · Vaughan · 200 Marycroft Avenue E 13, Vaughan, ON L4L 5X9
+ 9 photos
For Sale · Sale Of Business
200 Marycroft Avenue E 13, Vaughan, ON L4L 5X9
Vaughan · Pine Valley Business Park
0
Beds
—
Baths
0
Parking
1500 sq ft
Sq ft
—
Built
The honest picture
List price
$228,900
Renavu Estimate
—
Benchmark · All homes
$1,132,400
Listed 80% below the Vaughan benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
About this home
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!
Property details
Listed on
July 6, 2026
Days on market
18 days
Property tax
$2,793.91 (2025)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
N13529236
Full details
Parking
GarageNone
Property & sold history
🔒
See this home's sale & listing history
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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$2,014
Legal · title · inspection$2,800
Closing costs$4,814
Down payment$11,445
Total cash to close$16,259
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.