14 Tower Dr is a business in Toronto, listed for $129,000.
1A truly unique business opportunity in Scarborough!
2Situated in a desirable location surrounded by successful businesses, the lounge benefits from strong Google reviews.
3The approximately 1,250 sq. ft. premises accommodate around 40 patrons and feature a well-equipped setup, with ample parking available for approximately 15-20 vehicles.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
About 14 Tower Drive
A truly unique business opportunity in Scarborough! This well-established hookah/shisha lounge offers an inviting atmosphere and excellent potential for an owner-operator looking to grow an established business. Situated in a desirable location surrounded by successful businesses, the lounge benefits from strong Google reviews. The approximately 1,250 sq. ft. premises accommodate around 40 patrons and feature a well-equipped setup, with ample parking available for approximately 15-20 vehicles. Monthly rent is approximately $4,680, including TMI and HST, and the landlord is willing to maintain this rate for four years, subject to lease terms. A basement with good ceiling height offers potential to expand the usable business space, subject to necessary approvals and permits. An exciting opportunity to build on an established business in a thriving Scarborough location!
Toronto business priced at $129,000 — book a tour to see if it fits your search.
Inside 14 Tower Dr
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
14 Tower Dr Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® E14095890$129,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 14 Tower Dr Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5097.1%On average, homes sold at or above asking.
Active listings12,415Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 25 – Jul 24, 2026: prices up.
Based on 9,303 sales from Jul 24 – Oct 22, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
14 Tower Dr is listed at $129,000 (MLS® E14095890). Summitly updates the price as soon as the MLS® record changes.
Has the price of 14 Tower Dr changed?
No — 14 Tower Dr is still listed at its original asking price of $129,000.
How many bedrooms and bathrooms does 14 Tower Dr have?
The listing for 14 Tower Dr doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 14 Tower Dr close to transit?
The nearest rapid-transit station is Hakimi Lebovic Station (Line 5), about 2.1 km in a straight line. Golden Mile Station is about 2.1 km, and Pharmacy Station is about 2.2 km. Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 14 Tower Dr compare with other homes in Toronto?
Its asking price of $129,000 is about 85% below the median sold price in Toronto over the last 90 days, $845,000, across 9,303 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 14 Tower Dr been sold before?
Summitly has no earlier MLS® sale or lease of 14 Tower Dr on record from the last two years. Older records aren't shown under TRREB rules.
Where is 14 Tower Dr?
14 Tower Dr is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 14 Tower Dr been on the market?
7 days — 14 Tower Dr was listed on October 15, 2026.
What is the land transfer tax on 14 Tower Dr?
About $2,030 at the asking price of $129,000: $1,015 Ontario land transfer tax plus $1,015 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 14 Tower Dr or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 14 Tower Dr?
The listing for 14 Tower Dr doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 14 Tower Dr built?
The listing for 14 Tower Dr doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
