1200-700 Kipling Avenue, Toronto, ON, M8Z 5G3

MLS® # W12839582

Commercial For Sale In Islington City Centre West, Toronto, Ontario

$849,000

None Beds

3 Baths

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1200-700 Kipling Avenue, Toronto, ON, M8Z 5G3

$849,000

Property Information:

Tee Up Social is one of Toronto's premier indoor golf simulator lounges, offering a top-tier experience for golf enthusiasts year-round. With seven fully equipped simulator bays and an eighth ready to launch, the business combines cutting-edge technology with comfort and style.As a licensed venue complete with a bar and kitchen, Tee Up Social is the ideal destination for parties, events, and corporate gatherings. The operation adapts seasonally, running as a full-service venue during the winter and transitioning to an automated model in the summer months. This smart, seasonal structure allows for a hands-off approach during the warmer season, significantly reducing operating costs by eliminating the need for staff while still generating revenue. The business boasts excellent net operating income and a loyal customer base that values the high-end experience. Located in a high-traffic area with plenty of parking and a highly favorable lease at just $18,000 gross (including TMI, hydro, gas, and water), this is a rare turnkey opportunity. With 2 + 5 + 5 years remaining on the lease and premium equipment already in place, Tee Up Social is perfectly positioned for an owner-operator or investor looking for a profitable, low-maintenance venture in the sports and entertainment space.

Property Features:

Annual Tax Amount: $0
Business Type: Golf Driving Range
Community Features: Public Transit
Cooling: Yes
Floor Space (approx): 8406 Square Feet
Garage Type: Outside/Surface
Heat Type: Gas Forced Air Closed
Lot Depth: 363 Feet
Lot Frontage: 352.85 Feet
Property Use: Without Property
Water: Municipal
Sewer: Sanitary Available

Data provided by: Toronto Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind. Copyright© 2021 All Rights Reserved

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