B06A - 8360 Kennedy Road

Markham, ON

6,150 sqft • Sale Of Business • 199 days on market

$249,000

A well-established and highly regarded entertainment venue now available for acquisition. Ideally located in a vibrant plaza with excellent visibility, heavy foot traffic, and ample parking, this business offers a prime setting for continued success.The lounge features a modern, recently renovated interior with 17 private karaoke rooms, including three VIP suites with dedicated restrooms. Outfitted with a state-of-the-art karaoke system and stylish decor. Delivers a full-service experience with food, beverages, and entertainment all under one roof.The sale includes all premium equipment and a valid LLBO license, making this a turnkey opportunity for entrepreneurs or investors seeking a thriving business in the entertainment sector.

Listing Details

Listed: February 10, 2026

Price History

Listing history

Location & Legal

Cross Street: Kenndy Rd / Hwy 7
Zoning: Commercial
Possession: 30-59 days

Commercial

Business Type: Bar/Tavern/Pub
Occupancy: Tenant
Rental Term: 48 months

Community

Postal area L3R

Population: 62,060
Private dwellings: 21,994
Median age: 46.4
Average household size: 2.9
Median household income: $93,000

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.

Local market

Commercial in Markham · last 12 months

Median sold price: $1,090,000
Homes sold: 2,975
Median days on market: 22
Sale-to-list price: 99.1%

Based on 2,975 recorded sales of commercial properties in Markham over the last 12 months.

Listed by

RE/MAX ELITE REAL ESTATE

Location

Commercial figures

Building area: 6,150 sq ft
Price per sq ft: $40.49

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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