Toronto, ON M3J3H9 401 Magnetic Drive # 39-40

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Presented By: KW Living Realty
  • MLS# W12039304
  • 03/24/2025
  • Request Tour
  • Request Info
  • Baths • 2
  • SQFT • 1,402

Home Details

This profitable, turn-key restaurant, bar and event venue offers a dynamic business model that caters to diverse customer needs throughout the day and night. During the day, it can be operated as a vibrant restaurant with a full-equipped kitchen, serving delicious meals in a welcoming environment. As the sun sets, the venue transforms into a lively bar, featuring DJ sets and live music to create an exciting nightlife experience. With a focus on private events, this venue is perfect for hosting corporate functions, birthday celebrations, and other special occasions. The current liquor license allows for the smooth operation of both the restaurant and bar, making it an attractive option for those looking to enjoy a drink with their meal or celebrate in style. The space is fully equipped and ready to run, providing a seamless transition for a new owner. Additionally, there is an opportunity for expansion with an adjacent 2,000 sq ft of space that is secured under the current lease with the landlord, offering potential for growth and additional revenue.
Presented By: KW Living Realty

Interior Features for 401 Magnetic Drive # 39-40

Bedrooms

Bedrooms

Bathrooms

Total Baths2

Other Interior Features

SeatingCapacity60
Air Conditioning Y/NYes
Basement (Y/N)No
Clear Height Inches
Elevator?No
Fireplace Y/NNo
Heating Y/NYes

General for 401 Magnetic Drive # 39-40

Attached Garage No
Building Area UnitsSquare Feet
Business NameJay Jay Venue
Business TypeBar/Tavern/Pub
CityToronto W05
Community FeaturesMajor Highway, Public Transit
CoolingYes
CountyToronto
Electric On Property Y/NNo
Garage Y/NNo
Heater TypeGas Forced Air Open
Lot Depth1.0
Lot Size UnitsFeet
ModificationTimestamp2025-03-25T00:09:16Z
New ConstructionNo
Occupancy TypeOwner
Property Attached Y/NNo
Property SubtypeSale Of Business
Property TypeCommercial
Security FeaturesYes
Senior Community Y/NNo
SewerSanitary
Standard StatusActive
StatusNew
Tax Annual Amount1.0
Tax Year2025
Total Rooms0
Unit Number39-40
UtilitiesYes
Waterfront Y/NNo

Exterior for 401 Magnetic Drive # 39-40

Building Area Total1402.0
Garage TypeOutside/Surface
LotDimensionsSourceOther
RailNo
SpaNo

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.
Price $299,000
MLS#W12039304
List Date 03/24/2025
Property Type Commercial
Phone 289.816.2923
Request Tour
Request Info
Visit My Website

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