5-7 - 480 Tapscott Road
Toronto E11, ON
- 3 bath
- 26,000 sqft
- Investment
- 166 days on market
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
Listing Details
- Originally Listed
- $19
- Listed
- March 20, 2026
Price History
Parking
- Garage
- Outside/Surface
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Finch Avenue East & Markham Road
- Zoning
- E0.8, EH0.8*31
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Sports/Entertainment
- Office / Apartment Area
- 20 %
- Rental Term
- 30-90 months
Included
- Inclusions
- Water, Parking, Property Tax.
Community
Postal area M1B
- Population
- 65,555
- Private dwellings
- 21,561
- Median age
- 39.6
- Average household size
- 3.2
- Median household income
- $91,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Listed by
RE/MAX REALTRON REALTY INC.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Reita | Assistant
Online
Reita is an automated assistant, not a licensed real estate agent. I can help you explore neighbourhoods, understand the market, and find our free tools. What are you looking for?