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#5 - 9 -480 Tapscott Rd Toronto, Ontario M1B 1W3

8 Bathroom
Partially Air Conditioned

$3,500,000

BUSINESS ONLY no Property. Multi sport facility, which includes 4 volleyball courts, 7 badminton courts, 3 cricket lanes, dance studio, place of worship & more. Turn Key profitable business. Over 1.3 million spent on chattels and equipment. Business projected to make 1.7 million in gross revenue in 2024. Business has grown year over year. Currently based on hours of operation the business is functioning at 40% - 50% capacity. Lots of potential.**** EXTRAS **** Lease 5 + 5 Years. Lease Area of approximately 41,603 square feet. Lease amount of $17.95 per sq ft plus approx. TMI of $3.76 per sq ft. (id:49476)

Property Details

MLS® Number E7278994
Property Type Business
Community Name Malvern

Building

Bathroom Total 8
Cooling Type Partially Air Conditioned
Utility Water Municipal Water

Land

Acreage No

https://www.realtor.ca/real-estate/26255087/5-9-480-tapscott-rd-toronto-malvern

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Stephen Kulanathan
Salesperson

(905) 831-3300

RE/MAX Hallmark First Group Realty Ltd.
1154 Kingston Road
Pickering, Ontario L1V 1B4

(905) 831-3300
(905) 831-8147
HTTP://www.remaxhallmark.com/Hallmark-Durham

Arasan Rajadurai
Salesperson

(416) 500-9550
https://arandteam.ca
https://www.facebook.com/RealtorArasanRajadurai/

RE/MAX Hallmark First Group Realty Ltd.
1154 Kingston Road
Pickering, Ontario L1V 1B4

(905) 831-3300
(905) 831-8147
HTTP://www.remaxhallmark.com/Hallmark-Durham

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