Salehian.com 647-325-5000

59 Four Winds Drive

York University Heights, Toronto, M3J 1K7

$89,900

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Listed 21 days ago · MLS® W13840732

About this home

AGCO Liquor Licenced - 22 Seats! Excellent opportunity to acquire a well-established, fully equipped restaurant/bar business operating for approximately 15 years AGCO Licence #LSL818012. Masala Cafe. Currently operating 4 pm - 2 am only. Can increase sales by adding Breakfast and Lunch. Located in University City Mall, over 60,000 sq ft community mall, steps to York University campus at Keele & Finch, new subway station and newly open LRT nearby. Join the over 35 tenants in this small community mall with busy grocery store Anchor tenant and 15 eat in and take out restaurants, with no nearby competition. high density residential area numerous hi rise condominiums and hi rise apartment buildings are just steps away. Excellent walk-in traffic approximately 1300 sq ft with a fully equipped commercial kitchen, walk-in cooler, approx 12 ft exhaust hood with fire suppression system, plus restaurant equipment, appliances and fixtures included in the sale. Currently operating a Sri Lankan eat-in/takeout restaurant and bar/pub. Continue the existing operation or introduce your own concept and menu- excellent infrastructure already in place for a wide variety of food and beverage uses, subject to required approvals. Rare unit offering both front and rear entrances for convenient customer access, deliveries and restaurant operations. Fantastic courtyard location with excellent exposure and visibility. Potential opportunity for an outdoor patio, landlord approved! Will require municipal/AGCO approvals. Potential opportunity to expand into approx. 700 sq f of adjacent space. Excellent rental rates. Landlord prepared to offer new lease terms to qualified purchaser. A rare turnkey restaurant/bar opportunity with substantial existing infostructure in a high-density Toronto location. DO NOT GO DIRECT OR SPEAK TO STAFF. All appointments through Listing Agent.

Details

Type
Sale Of Business
Lot
219 × 411 ft
Garage
None
Neighbourhood
York University Heights
Municipality
Toronto W05

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes
Utilities
Yes

More

Possession
TBA/Immediate
Cross street
Keele & Finch
Business type
Bar/Tavern/Pub

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Sentinel LRT4 min walk
  • 🚇 Finch West Subway11 min walk
  • 🚆 Downsview Park GO2.1 km

Within a 10-minute walk: 2 grocery stores, 19 cafés and restaurants, 8 parks, 4 pharmacies. Nearest grocery: Your Community Grocer (50 m). Nearest park: Fountainhead Park (250 m).

Schools nearby

Elementary

  • St. Wilfrid Catholic School Catholic
    EQAO: Gr 6 reading 89%, math 44%    7 min walk
  • Derrydown Public School
    EQAO: Gr 3 reading 44%, math 24%    11 min walk
  • Lamberton Public School
    EQAO: Gr 3 reading 70%, math 52%    18 min walk
  • Driftwood Public School
    EQAO: Gr 3 reading 47%, math 41%    18 min walk

Secondary

  • James Cardinal McGuigan Catholic High School Catholic
    EQAO: Gr 9 math 59%, literacy test 74%    8 min walk
  • C.W. Jefferys Collegiate Institute
    EQAO: Gr 9 math 24%, literacy test 65%    10 min walk
  • Elia Middle School17 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 M3J

Owners / renters
48% / 52%
Median household income
$75,500
Average age
39
Children under 15
13%
Homes
13% detached, 53% high-rise
Commute by transit
34%
Population
26,600

Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 4%, Vietnamese 3.2%, Spanish 3%, Italian 2.9%.

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 York University Heights (2025): 96% above the Toronto average, about the same from the year before.

  • Assault66% above average
  • Break and enter98% above average
  • Auto theft182% above average
  • Robbery63% above average
  • Theft from vehicles48% above average
  • Shootings46% 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 5 active

  • 470 SENTINEL RD · 200 m
    Site Plan · Under Review · applied 2022
    Site Plan Control application for a proposed infill development at 470 Sentinel Road and 1, 35 and 40 Fountainhead Road. The proposal includes four new…
    Application details
  • 470 SENTINEL RD · 200 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2021
    Official Plan and Zoning By-law Amendment application to facilitate the redevelopment of the site for four mixed-use and residential apartment buildings and a…
    Application details
  • 470 SENTINEL RD · 200 m
    Plan of Subdivision · Under Review · applied 2021
    Draft plan of subdivision for 8 lots.
    Application details
  • 41-75 FOUR WINDS DR · 50 m
    Site Plan · Under Review · applied 2021
    Proposed mixed use development, with 560 residential units, 42,323 m² of residential area and 1,422 m² of non residential area.
    Application details
  • 41-75 FOUR WINDS DR · 50 m
    Plan of Condominium · Under Review · applied 2021
    *** Proposed mixed use development, with 560 residential units, 42,323 m² of residential area and 1,422 m² of non residential area.
    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): 16 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 UT

Utility and Transportation (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.

Full lot check · Run the numbers

Trees

88 City street trees within 100 m. That’s more 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 WEISS REALTY LTD..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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