49 St Clair AVE W new Save Request In-Person Tour Request Virtual Tour
Toronto,ON M4V 3A5
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Yonge-St. Clair
MLS Listing ID C12485415
Tax Year 2024
Property Sub-Type Sale Of Business
Property 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.
Location
State ON
County Toronto
Community Yonge-St. Clair
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Major Highway,Public Transit
Utilities Available Yes
Lot Frontage 90.0
Lot Depth 146.23
Others
Security Features No
ParcelsYN No