$179,000
$108/sq ft· Bldg avg $726/sq ft · 8 days on market
Turnkey, high-energy shisha lounge positioned in a vibrant, high-traffic corridor surrounded by offices, residential communities, and dense condo living. This well-established hotspot draws a loyal evening and weekend crowd, delivering strong, consistent revenue and attractive profit margins. The space accommodates 60+ guests and offers a diverse menu of premium shisha flavors alongside cold beverages, specialty coffees, and teas-creating a relaxed, social atmosphere that keeps customers coming back. In addition to regular service, the business generates additional income through private parties and special events, providing a valuable and scalable revenue stream. Summer sales range from $30,000-$35,000 per month. Rent is $6,850/month (includes T.M.I. & H.S.T.) with a new 5-year lease plus a 5-year renewal option, offering long-term stability and predictability. Stylish, inviting setup with proven demand and excellent growth potential. Perfect for an owner-operator or investor seeking a profitable, ready-to-run concept. Comprehensive training provided for a smooth transition. Step into a thriving business and make it your own.
Listing provided by HOMELIFE/BAYVIEW REALTY INC.
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Data last updated: May 15, 2026 at 03:42 p.m.
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2026 Sheppard Avenue E
Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores
R = Reading · W = Writing · M = Math · arrows show 3-year change
R = Reading · W = Writing · M = Math · arrows show 3-year change
R = Reading · W = Writing · M = Math · arrows show 3-year change
Arrows show 3-year change
EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education
Nearest rapid transit and bus stops
75 within a 10-min walk · 177 within 20 min · click a card to see the closest ones
Arrows show 3-year change
Source: TTC GTFS · straight-line distances · routes shown are short names
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance
