For Rent

480 Tapscott Road Unit# 6-7, Toronto E11, Ontario M1B 1W3

$47,500

480 Tapscott Road Unit# 6-7, Toronto E11, Ontario M1B 1W3 is For Rent and has a listing price of 47,500. The property is located in the Malvern neighbourhood . It's been on the website for 31 Days.

  • Investment
    Property Type
  • 3
    Bathrooms
  • MLS ID: E12283951
  • Office Name RE/MAX REALTRON REALTY INC.
Property Description

Your Next Turnkey Business Venture Awaits: Established Volleyball Facility Sublease 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 19,000 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, this thriving business benefits from a dedicated client base and consistent year-over-year growth. The comprehensive sublease package includes: 4 volleyball courts, 3 private offices, a dedicated meeting room, a dance studio, 3 convenient washrooms, and a welcoming reception area with its own entrance. Additional common washrooms are also available for client convenience. The existing lease extends to August 31, 2028, with a valuable 5-year extension option. Prospective tenants will negotiate new terms directly with the landlord. Landlord approval is required for all subleases. Leasehold improvements and asset purchase can be discussed separately. Highlights: Spacious & Versatile: ~19,000 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: Current term until Aug 31, 2028, with a 5-year extension option. Deposit: First, Last + Two Months Security. Utilities: Tenant pays 2/3 Hydro & Gas. Rent Escalation: 4% annual increase.

Property Details
  • MLS ID: E12283951
  • Bathrooms: 3
  • Price: $47,500
  • Lot Depth: N/A
  • Transaction Types: For Rent
  • Ref ID: E12283951
  • Year Built: N/A
  • Dir / Cross St: Finch Avenue East & Markham Road
  • Status: Active
  • Tax Year: 2024
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
07/14/2025 E12283951 $47,500 For Rent - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Malvern
  • $2,329 Average List Price
    based on 1 year
  • 93 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.83 % Below
  • Sold (12mo) 215
  • Rented (12mo) 237

  • 1 Month Change +42.0%
  • 3 Month Change +23.9%
  • 6 Month Change +6.5%
Walkscore
Property Type Distribution
  • All Houses
    55.32%
  • Commercial
    6.35%
  • Condo
    38.3%
  • Parking
    0.03%
Additional Details
  • Heat Type Gas Forced Air Open
  • Washroom Type1: 3
  • Garage Type Outside/surface
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 14/07/2025 19:59:55
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