Unknown Address ,
$359,000
Amazing opportunity to own an established and fully-renovated shisha & entertainment lounge with a full commercial kitchen. Prime location facing Spadina, with a 17-storey condo building above. Strategically located across from U of T, and steps to the Spadina Subway station. Could be converted to a banquet hall, restaurant & bar, billiards, etc. Full kitchen with exhaust hood, grill, fryers, walk-in freezer, walk-in coolers, prep tables, etc. Long lease 7.5 years + 5 years option to renew. 110 seats + 80 seat patio. Used to have L.L.B.O. - possible to obtain the license again. Don't miss this one! Value priced to sell - Equipment & set-up worth the price! (id:49187)
Business
| Business Type | Restaurant |
| Business Sub Type | Restaurant/pub |
| Name | Royal Lounge |
Property Details
| MLS® Number | C12907188 |
| Property Type | Business |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Size Interior | 3890 Sqft |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Zoning Description | Commercial |
https://www.realtor.ca/real-estate/29500656/toronto-university
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March 22 2026 02:01:56
Toronto Real Estate Board
Homelife/bayview Realty Inc.