308 Dundas St W

LocationKensington-Chinatown, M5T 1G5
$399K For Sale
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Description

Gorgeous licensed restaurant located at Dundas Street West and McCaul Street in the heart of downtown Toronto, directly across from the world-renowned Art Gallery of Ontario. This impressive hospitality space features a stylish and modern buildout with multiple bars, a full commercial kitchen, and a liquor license for 136 guests plus an additional 5 seats on a small patio overlooking one of the city's most vibrant cultural corridors. The expansive 4,700 sq.ft. layout is uniquely divided into two separate areas, allowing for flexible operations. The upper level is ideal for private events, parties, additional dining space, or even a late-night concept, with no restrictions on volume or hours of operation. The kitchen is well equipped for high-volume service with a large 15 ft commercial hood, three walk-ins (2 fridges + 1 freezer),and a strong lineup of professional equipment. Lease rate of $15,986 Net Rent plus TMI and all utilities. The restaurant currently generates strong sales but can also be converted into a different concept, cuisine, or franchise depending on the buyer's vision. Please do not go direct or speak to staff.

Features

  • Business Type
    Category: Restaurant
  • Commercial Total Area
    Total Area: 4,700 sqft
  • Commercial Retail Area
    Retail Area: 4,700 sqft
  • Number of seats
    Seats: 141
  • Commercial Parking Spaces
    Total Parkings: 1
  • Commercial Parking Types
    Parking Types: Outside/Surface
  • Bathrooms
    Bathrooms: 9
  • Commercial Electrical Amps
    Electric Amps: 200
  • Commercial Voltage
    Electric Voltage: 600
  • Restaurant Business Without Property
    For Sale: Business Only

Details

  • Commercial Zoning
    Zoning: Commercial
  • Business Hour
    Business Hours: 1130-10
  • Business Opening Days
    Opening Days: Open 6 Days
  • Alcohol Allowed
    Alcohol Allowed: Y
  • Number of Employees
    Total Employees: 10
  • MLS
    C12875356
  • Listing contracted with: ROYAL LEPAGE SIGNATURE REALTY

Transit Accessibility

St. Patrick Subway Station (0.3km)
Union Go Train Station (1.4km)

Location