Address
2026 Sheppard Avenue E # A9, Toronto, ON
Price
$ 179,000
Property Attributes
  • ID#C13033688
  • TypeCommercial
  • Listing Status Sold Conditional
  • CityToronto
  • AreaPleasant View
  • NeighbourhoodPleasant View
  • Postal CodeM2J 5B3
  • StyleRestaurant
  • Price$ 179,000
  • Bedrooms0
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage1650
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Turnkey, high-energy shisha lounge positioned in a vibrant, high-traffic corridor surrounded by offices, residential communities, and dense condo living. This well-established hotspot draws a loyal evening and weekend crowd, delivering strong, consistent revenue and attractive profit margins. The space accommodates 60+ guests and offers a diverse menu of premium shisha flavors alongside cold beverages, specialty coffees, and teas-creating a relaxed, social atmosphere that keeps customers coming back. In addition to regular service, the business generates additional income through private parties and special events, providing a valuable and scalable revenue stream. Summer sales range from $30,000-$35,000 per month. Rent is $6,850/month (includes T.M.I. & H.S.T.) with a new 5-year lease plus a 5-year renewal option, offering long-term stability and predictability. Stylish, inviting setup with proven demand and excellent growth potential. Perfect for an owner-operator or investor seeking a profitable, ready-to-run concept. Comprehensive training provided for a smooth transition. Step into a thriving business and make it your own.

Price History
4/23/2026 Listed $179,000

General Features

Cooling Yes
Heater Type Gas Forced Air Open
Unit Number A9
Property Subtype Sale Of Business
Tax Year 2026
Lot Depth 0.0
Business Type Restaurant
Community Features Major Highway,Public Transit
Business Name Fiesta Shisha Lounge
County Toronto
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status Sold Conditional
City Toronto C15
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 0.0
Building Area Units Square Feet
Standard Status Active Under Contract
Occupancy Type Owner

Interior Features

Basement (Y/N) No
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
Total Baths 2
SeatingCapacity 60

Exterior Features

Garage Type Outside/Surface
Spa No
Building Area Total 1650.0
Waterfront Y/N No
LotDimensionsSource Other

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in M2J 5B3

Price
AVG $180K
$180K
Visits
AVG 380
379
Data Provided by Inside Real Estate®