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$349,000
Available - For Sale
Listing ID: C12160366
***Prime Queen West Opportunity Turnkey Bar & Restaurant with Liquor License***An exceptional opportunity to own a fully licensed, well-established bar and restaurant in one of Torontos most vibrant and high-traffic neighborhoods Queen West. This turnkey business is surrounded by dense residential and commercial developments, ensuring steady foot traffic year-round. Highlights: Fully renovated and thoughtfully designed to accommodate virtually any restaurant or bar concept. Features over $200,000 in recent upgrades, including like-new equipment and a flexible, modern layout. A garage-style glass door opens during the spring, summer, and fall, creating a bright, airy atmosphere filled with natural light, fresh air, and a lively connection to the street. Perfect for a variety of concepts, including private events, themed nights, or corporate reservations. Chefs kitchen featuring commercial hood, fire suppression system, walk-in cooler and freezer, multiple refrigerators, and a fully equipped secondary prep kitchen. Full high and dry basement offering ample additional storage ideal for use as a prep kitchen, office, or extra workspace. Eligible for a Street Patio, adding seasonal curb appeal and seating capacity. Fully Integrated POS with tablets and delivery platforms (SkipTheDishes, Uber Eats, DoorDash) Ideal for dine-in, takeout, or delivery operations. Prime Location, surrounded by residential and commercial activity, with nearby subway and streetcar access. Lease Details: Incredibly Affordable: Only $14,290/month (including TMI & HST). Term: 1 year remaining + 5-year renewal option. Option: Negotiate a brand-new 5+5 lease for long-term stability. No operational restrictions Suitable for any cuisine, concept, or franchise. Perfect for owner-operators, family-run businesses, or brand expansions. Please do not go direct or speak to staff.
Price $349,000
Taxes: $0
Tax Type: TMI
Occupancy by: Tenant
Address: 490 Queen Stre West , Toronto, M5V 2B3, Toronto
Postal Code: M5V 2B3
Province/State: Toronto
Legal Description: PT LT 6 N/S QUEEN ST PL 65 TORONTO AS IN
Directions/Cross Streets: Queen St W/Spadina
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
Washroom 11:  0
Washroom 12:  0
Washroom 13:  0
Washroom 14:  0
Washroom 15:  0
Category: Without Property
Use: Restaurant
Total Area: 1,800
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Business/Building Name: Comma
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 5pm-2am
Employees #: 8
Seats: 56
Maintenance: 0
Expenses Actual/Estimated: $Est
Outside Storage: F
Heat Type: Gas Forced Air Close
Central Air Conditioning: Yes
Water: None
Water Supply Types: None
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CENTURY 21 NEW CONCEPT

490 Queen Stre West , Toronto, M5V 2B3, Toronto

Personal Picture
Maria Tompson
Sales Representative
Dir:
416-548-7854
Bus:
416-548-7854
Fax:
416-981-7184

 
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Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Kensington-Chinatown
Style:
Lot Size: x 104.50(Feet)
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Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 2
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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