Vaughan has grown into a powerhouse in recent years as they have beefed up the Vaughan Metropolitan Centre offering more transit options to its residents. New developments were highly sought after and many sold out quickly. Assignment are a great way to purchase in a new development that has sold out. Assignments in Vaughan offer the chance to purchase in that new development that you did not get a chance to initially. See below the most comprehensive list of Vaughan assignments available.
3991 Major Mackenzie Drive
Vellore Village
Vaughan
L4H 4G1
$248,000 /For Sale
Commercial
- Status:
- Active Under Contract
- Prop. Type:
- Commercial
- MLS® Num:
- N13433964
- Bus Major:
- Restaurant
Exceptional opportunity to acquire a fully equipped, turnkey restaurant and hospitality space in a prime Vaughan location, approximately 10 minutes from Canada's Wonderland.Ideal for an established restaurateur looking to open a second or third location, expand an existing brand, introduce a new concept, or enter the Vaughan market without the significant time and cost of a full build-out. The space may also suit a pizzeria, bakery, café, franchise concept, banquet or event operator, catering business, hospitality group or owner-operator, subject to landlord approval and permitted use. The premises offer approximately 3,300 sq. ft. of beautifully renovated space, approximately 128 seats, an outdoor patio, 20+ parking spaces, liquor licence, wood-fired pizza oven, walk-in fridge and freezer, full commercial kitchen, plus extensive furniture, fixtures, equipment and inventory. Significant investment has already been made in the leasehold improvements and restaurant infrastructure, giving the next operator the opportunity to rebrand, introduce their own concept and begin operating without taking on a major build-out. Located in a high-traffic Vaughan area surrounded by established residential communities and commercial amenities. The business is being sold together with the assignment of the existing lease, running until 2029 with renewal options, subject to landlord approval.
- Minimum Rental Term:
- 60
- Maximum Rental Term:
- 60
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Retail Area:
- 3342 sq. ft. Sq Ft
- Lot Depth:
- 0'0 m
- Lot Frontage:
- 0'0 m
- Bathrooms:
- 2.0
- Water supply:
- Municipal
- Zoning:
- C4 Neighourhood Commercial
- Heating type:
- Gas Forced Air Closed
- Garage:
- Plaza
- Possession Details:
- TBD
- HST Applicable To Sale Price:
- Not Subject to HST
- Type Taxes:
- TMI
- Taxes:
- $11,584.54 / 2025
- Assessment:
- $- / -
- York
- Vaughan
- Vellore Village
- All existing restaurant chattels and equipment owned by the Seller, including but not limited to: wood-fired pizza oven, commercial stoves, grill, deep fryer, convection oven, walk-in fridge, walk-in freezer, refrigerators, freezers, ice machine, dishwashers, espresso machine, espresso grinder, meat slicer, pizza preparation equipment, bar equipment, tables, chairs, televisions, and related restaurant equipment.
- Security monitoring contract, vegetable garden in the back and olive trees excluded from the sale.
- None
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Business/Building Name:
- Spizzico Ristorante
- Major Business Type:
- Restaurant
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 6 Days
- Hours Open:
- Operating 6 days per week dinner service.
- Employees:
- 0
- Chattels:
- Yes
- LLBO:
- No
- Outside Storage:
- No
- Seats:
- 128
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Larger map options:
Listed by RE/MAX WEST REALTY INC.
Data was last updated October 16, 2026 at 06:15 AM (UTC)
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