ON > Toronto E11 > Malvern
Toronto E11, ON M1B 1W3,480 Tapscott RD W #6-7
Toronto E11, ON M1B 1W3,480 Tapscott RD W #6-7
Toronto E11, ON M1B 1W3,480 Tapscott RD W #6-7
Toronto E11, ON M1B 1W3,480 Tapscott RD W #6-7
Toronto E11, ON M1B 1W3,480 Tapscott RD W #6-7
Toronto E11, ON M1B 1W3,480 Tapscott RD W #6-7
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Fawad Nissari

Fawad Nissari

eXp Realty

+1(416) 878-1085
$ 47,500

3 Baths

19,000 SqFt

Save
$ 47,500
Save

3 Baths

19,000 SqFt

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Rent

Square Footage 19,000 sqft

Subdivision Malvern

MLS Listing ID E12283951

Tax Year 2024

Property Sub-Type Investment

Property Description

Your Next Turnkey Business Venture Awaits: Established Volleyball Facility Sublease in Vibrant Toronto(SCARBOROUGH)!Unlock the potential of this well-established and highly respected volleyball business, strategically located in the heart of Toronto((SCARBOROUGH).This turnkey opportunity offers approximately 19,000 sq ft of adaptable recreation space, featuring an impressive 22-foot clear height, ideal for a multitude of recreational or sporting endeavors. Currently configured with four professional volleyball courts, this thriving business benefits from a dedicated client base and consistent year-over-year growth. The comprehensive sublease package includes: 4 volleyball courts, 3 private offices, a dedicated meeting room, a dance studio, 3 convenient washrooms, and a welcoming reception area with its own entrance. Additional common washrooms are also available for client convenience. The existing lease extends to August 31, 2028, with a valuable 5-year extension option. Prospective tenants will negotiate new terms directly with the landlord. Landlord approval is required for all subleases. Leasehold improvements and asset purchase can be discussed separately. Highlights: Spacious & Versatile: ~19,000 sq ft with 22' clear height. Built-in Clientele: Well-established volleyball business. Growth Potential: Demonstrates consistent year-over-year growth. Comprehensive Setup: Includes courts, offices, meeting room, dance studio, and multiple washrooms. Flexible Lease: Current term until Aug 31, 2028, with a 5-year extension option. Deposit: First, Last + Two Months Security. Utilities: Tenant pays 2/3 Hydro & Gas. Rent Escalation: 4% annual increase.

Location

Province ON

County Toronto

Community Malvern

Area Toronto

Interior

Cooling Yes

Exterior

Utilities Available Available

Others

Security Features Yes

Listed by RE/MAX REALTRON REALTY INC.
agent-avatar

When it comes to Real Estate, it's not just a transaction; it's a relationship built on trust and honesty. I understand that buying or selling a home is one of the most significant financial decisions you will make in your lifetime, and that's why I take my role very seriously. I make it my mission to ensure that my clients are well informed and comfortable with the process every step of the way.

+1(416) 878-1085

fawad.nissari@exprealty.com

420 Main St E Unit 556, Milton, ON, L9T 5G3, CAN

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