49 St Clair Ave W

LocationYonge-St. Clair, M4V 3A5
$349K For Sale
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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.

Features

  • Business Type
    Category: Restaurant
  • Commercial Total Area
    Total Area: 6,900 sqft
  • Commercial Retail Area
    Retail Area: 6,900 sqft
  • Number of seats
    Seats: 350
  • Commercial Parking Spaces
    Total Parkings: 3
  • Commercial Parking Types
    Parking Types: Outside/Surface
  • Bathrooms
    Bathrooms: 4
  • Commercial Electrical Amps
    Electric Amps: 600
  • Commercial Voltage
    Electric Voltage: 200
  • Restaurant Business Without Property
    For Sale: Business Only

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 11:30 to 12 AM
  • Business Opening Days
    Opening Days: Open 7 Days
  • Alcohol Allowed
    Alcohol Allowed: Y
  • Number of Employees
    Total Employees: 10
  • Commercial Features
    Features: Major Highway, Public Transit
  • MLS
    C12485415
  • Listing contracted with: ROYAL LEPAGE ASSOCIATES REALTY

Transit Accessibility

St Clair Subway Station (0.3km)

Location