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Zarrin Joo

Broker
RE/MAX REALTRON REALTY INC., Brokerage Independently owned and operated. 11685 Yonge St.#306, Richmond Hill, Ontario L4E0K7 Cell: 416-666-1137Office: 905-508-9500Fax: 905-508-9590

$47,500
Available - For Rent
Listing ID: E12283951
480 Tapscott Road West , Toronto, M1B 1W3, Toronto


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.
Price $47,500
Minimum Rental Term: 36
Taxes: $0.00
Tax Type: N/A
Occupancy: Owner
Address: 480 Tapscott Road West , Toronto, M1B 1W3, Toronto
Postal Code: M1B 1W3
Province/State: Toronto
Directions/Cross Streets: Finch Avenue East & Markham Road
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Category: Multi-Unit
Building Percentage: F
Total Area: 19000.00
Total Area Code:  Square Feet
Office/Appartment Area: 20
Office/Appartment Area Code: %
Office/Appartment Area Code: %
Financial Statement: F
Chattels: F
Franchise: F
Days Open: O
Employees #: 1
Seats: 150
Expenses Actual/Estimated: $Est
Sprinklers: Yes
Washrooms: 3
Rail: N
Clear Height Feet: 22
Truck Level Shipping Doors #: 2
Double Man Shipping Doors #: 0
Drive-In Level Shipping Doors #: 0
Grade Level Shipping Doors #: 0
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Sewers: Sanitary+Storm
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX REALTRON REALTY INC.
Personal Picture
Zarrin Joo
Broker
Dir:
416-666-1137
Bus:
905-508-9500
Fax:
905-508-9590
 
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At a Glance:
Type: Com - Industrial
Area: Toronto
Municipality: Toronto E11
Neighbourhood: Malvern
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 3
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map: