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$349,000
Available - For Sale
Listing ID: C12485415
Prime Midtown Toronto Restaurant Opportunity - Turnkey & Fully LicensedExceptional chance to take over a fully built-out and licensed restaurant in the heart of Yonge & St. Clair, one of Toronto's most desirable midtown neighbourhoods. Gatherings Restobar is ideally positioned just steps from the intersection, surrounded by dense residential towers, offices, and constant pedestrian traffic - ensuring excellent exposure and steady customer flow.This spacious, well-equipped venue offers a rare 320-seat liquor license plus an additional 30 seats on the patio, making it ideal for restaurants, lounges, or event-driven concepts. The large commercial kitchen is designed for high-volume service, complete with a 10-ft exhaust hood, two walk-in fridges, and ample prep and storage areas. Multiple dining sections and a central bar allow flexibility for private functions or reconfiguration to suit a new brand vision. This property features a secure 7 + 5 + 5-year lease with no demolition clause. Strong sales history and infrastructure already in place make it a rare turnkey opportunity for both experienced operators and expanding brands.Available as-is with training, or easily rebranded to match your concept. A standout opportunity in one of Toronto's most consistent and high-performing restaurant corridors.
Price $349,000
Taxes: $0
Tax Type: TMI
Occupancy by: Owner
Address: 49 St Clair Avenue West , Toronto, M4V 3A5, Toronto
Postal Code: M4V 3A5
Province/State: Toronto
Legal Description: PCL 2-4 SEC A846; PT LT 2 PL 846 TORONTO
Directions/Cross Streets: Yonge St & St Clair Ave W
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Washroom 6 0
Washroom 7 0
Washroom 8 0
Washroom 9 0
Washroom 10 0
Category: Without Property
Use: Restaurant
Building Percentage: F
Total Area: 6,900
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Major Highway   Public Transit
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 11:30 t
Employees #: 10
Seats: 350
Maintenance: 0
Sprinklers: No
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Sewers: Sanitary Availa
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ROYAL LEPAGE ASSOCIATES REALTY

49 St Clair Avenue West , Toronto, M4V 3A5, Toronto


 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C02
Neighbourhood: Yonge-St. Clair
Style:
Lot Size: x 146.23(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 4
Garage: 0
Fireplace: N
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