49 St Clair Avenue W,Toronto C02, ON M4V 3A5
Toronto C02, ON M4V 3A5
Description
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.
Details
| MLS # | C12485415 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | New |
| Year | 0 |
| Days On Site | 11 |
| Listing Provided By | ROYAL LEPAGE ASSOCIATES REALTY | C12485415 440400 |
Features
| Bath(s) | 4 |
|---|---|
| SQ Feet | 6,900 |
| Acreage | 0.16 |
Interior
| Cooling | Yes |
|---|
Exterior
| Community Features | Major Highway, Public Transit |
|---|---|
| Security Features | No |
Utilities
| Utilities | Yes |
|---|---|
| Sewer | Sanitary Available |
Taxes
| Tax Annual Amount | 0 |
|---|---|
| Tax Type | TMI |
| Tax Legal Description | PCL 2-4 SEC A846; PT LT 2 PL 846 TORONTO; PT BLK B PL 1435 TORONTO PARTS 1, 3, 4, 14, 15, 16, 17, 20 & 23 66R15084; S/T PARTS 3, 4, 14, 15, 16, 20 & 23 66R15084 AS IN D36517; T/W PT LT 2 PL 846 AND PT BLK B PL 1435 PARTS 5, 6, 7, 8, 9, 10, 12, 13, 18, 19, 21, 22, 24, 25 & 26 66R15084 AS IN D36517; TORONTO , CITY OF TORONTO |
| Tax Year | 2024 |
Area Information
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto C02 |
| Postal Code | M4V 3A5 |
| Area | Yonge St. Clair |
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Learn More About This Property
| Province | ON |
|---|---|
| Region | Toronto |
| City | Toronto C02 |
| Postal Code | M4V 3A5 |
| Area | Yonge St. Clair |
