Dragons’ Den Star Reveals He’s the El Mocambo Buyer

Dragons’ Den star and entrepreneur Michael Wekerle revealed last week that he’s the purchaser of the legendary El Mocambo club on Spadina Avenue. He bought the property for $3.78M and says he plans to keep it going as a live-music venue. “It’s afirm deal,” says Royal LePage Commercial’s Neil Warshafsky, who brokered the transaction between Michael and club owners Sam Grosso and Marco Petrucci. The deal is expected to close in December, Neil tells us.

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