14 Tower Drive
Wexford-Maryvale, Toronto, M1R 3N9
$129,000
Listed yesterday · MLS® E14095890
About this home
A truly unique business opportunity in Scarborough! This well-established hookah/shisha lounge offers an inviting atmosphere and excellent potential for an owner-operator looking to grow an established business. Situated in a desirable location surrounded by successful businesses, the lounge benefits from strong Google reviews. The approximately 1,250 sq. ft. premises accommodate around 40 patrons and feature a well-equipped setup, with ample parking available for approximately 15-20 vehicles. Monthly rent is approximately $4,680, including TMI and HST, and the landlord is willing to maintain this rate for four years, subject to lease terms. A basement with good ceiling height offers potential to expand the usable business space, subject to necessary approvals and permits. An exciting opportunity to build on an established business in a thriving Scarborough location!
Details
- Type
- Sale Of Business
- Lot
- 80.7 × ? ft
- Garage
- Plaza
- Neighbourhood
- Wexford-Maryvale
- Municipality
- Toronto E04
Heating, cooling and services
- Heating
- Gas Forced Air Open
- Air conditioning
- Yes
- Water and sewer
- Sanitary
Building and exterior
- Building area
- 1,300 Square Feet
More
- Possession
- Flexible
- Cross street
- Tower Dr / Lawrence Ave East
- Business type
- Entertainment
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Walkable
- 🚇 Hakimi Lebovic LRT2.1 km
- 🚇 Golden Mile LRT2.1 km
- 🚆 Kennedy GO3.3 km
Within a 10-minute walk: 2 grocery stores, 28 cafés and restaurants, 1 park, 4 pharmacies. Nearest grocery: Food Basics (900 m). Nearest park: Deanvar Park (800 m).
Schools nearby
Elementary
- Precious Blood Catholic School Catholic
EQAO: Gr 6 reading 95%, math 52%11 min walk - Wexford Public School
EQAO: Gr 6 reading 74%, math 59%11 min walk - St. Kevin Catholic School Catholic
EQAO: Gr 6 reading 95%, math 52%12 min walk - Buchanan Public School
EQAO: Gr 6 reading 68%, math 43%13 min walk
Secondary
- Gooderham Learning Centre9 min walk
- Wexford Collegiate School for the Arts
EQAO: Gr 9 math 44%10 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M1R
- Owners / renters
- 56% / 44%
- Median household income
- $81,000
- Average age
- 42
- Children under 15
- 15%
- Homes
- 48% detached, 26% high-rise
- Commute by transit
- 24%
- Population
- 30,467
Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 4%, Arabic 3.8%, Tamil 2.6%, Greek 2%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Wexford/Maryvale (2025): 53% above the Toronto average, down 9% from the year before.
- Assault47% above average
- Break and enter34% above average
- Auto theft89% above average
- Robbery60% above average
- Theft from vehicles109% above average
- Shootings295% above average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 2 active
-
1940 LAWRENCE AVE E · 100 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2020INACTIVE Development comprising of an 11 storey mixed-use building with commercial on the first and second floors and residential units above.Application details
-
1940 LAWRENCE AVE E · 100 mSite Plan · Under Review · applied 2020INACTIVE Development comprising of an 11 storey mixed-use building with commercial on the first and second floors and residential units above.Application details
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 13 km. Transit times · Driving times
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CR
Commercial Residential (with a site-specific exception).
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Building permits
No building permits at this address since 2014.
4 permits on this block of the street in the last 2 years, including 2 new homes.
Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.
Trees
15 City street trees within 100 m, mostly maples. That’s fewer than the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by RE/MAX HALLMARK REALTY LTD..
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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