480 Tapscott Road W 5-7, Toronto E11 — For Lease in Toronto E11
0 bed · 3 bath · Investment for lease in Toronto E11.
480 Tapscott Road W 5-7, Toronto E11, ON M1B 1W3
About This Property
Available for lease at 480 Tapscott Road W 5-7 in Toronto E11: a 0-bedroom, 3-bathroom investment listed at $19/mo.
Sublease opportunity for Your Next Turnkey Business Venture Awaits: Established Volleyball Facility (including 2 Indoor beach volleyball Courts) 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 26,500 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 & 2 Beach 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,2 Beach Volleyball courts, 3private offices, a dedicated meeting room , a dance studio, party room ,4 convenient washrooms, and a welcoming reception area with its own entrance. The existing lease term is in place until August 31, 2028, and includes an additional 5-year renewal option. A new lease term may be negotiated with the landlord directly commencing August 2027. Qualified tenants may enter into a direct lease agreement with the landlord, All subleases require prior landlord consent & approval. The leasehold improvements and asset purchase price is $800,000. Highlights: Spacious & Versatile: ~26,500 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: The current term runs through August 31, 2028, with an option to extend for an additional five years. Qualified tenants may arrange a new lease directly with the landlord. Deposit: First, Last + Two Months Security. (Negotiable with Landlord)TMI and CAM charges are negotiable with the landlord. Utilities: Tenants pay
Property Specifications
| MLS® Number | E12904828 |
|---|---|
| Status | For Lease |
| Monthly Rent | $19 |
| Property Type | Commercial |
| Sub Type | Investment |
| Transaction Type | For Sub-Lease |
| Bedrooms | 0 |
| Bathrooms | 3 |
| Living Area | 26000 sq ft |
| Address | 480 Tapscott Road W 5-7, Toronto E11, ON M1B 1W3 |
| City | Toronto E11 |
| Postal Code | M1B 1W3 |
Listing Contracted With: RE/MAX REALTRON REALTY INC.
