For Sub-lease

480 Tapscott Road Unit# 5-7, Toronto E11, Ontario M1B 1W3

$19

480 Tapscott Road Unit# 5-7, Toronto E11, Ontario M1B 1W3 is For Sub-lease and has a listing price of 19. The property is located in the Malvern neighbourhood . It's been on the website for 1 Day.

  • Investment
    Property Type
  • 3
    Bathrooms
  • MLS ID: E12904828
  • Office Name RE/MAX REALTRON REALTY INC.
Property Description

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

Property Details
  • MLS ID: E12904828
  • Bathrooms: 3
  • Price: $19
  • Lot Depth: N/A
  • Transaction Types: For Sub-lease
  • Ref ID: E12904828
  • Year Built: N/A
  • Dir / Cross St: Finch Avenue East & Markham Road
  • Status: Active
  • Tax Year: 2025
  • Property Type: Investment
  • Property Type: Commercial
Price History
List Date MLS ID List Price Status End Date Closed Price
03/20/2026 E12904828 $19 For Sub-lease - -
09/18/2025 E12413405 $65,000 For Rent - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Malvern
  • $782 Average List Price
    based on 1 year
  • 90 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 0.19 % Below
  • Sold (12mo) 144
  • Rented (12mo) 145

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Property Type Distribution
  • All Houses
    37.96%
  • Commercial
    6.38%
  • Condo
    55.65%
  • Parking
    0.02%
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: 20/03/2026 19:18:48
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