For Sale

$399,000

49 St Clair Avenue West, Toronto, ON M4V 3A5

Yonge St & St Clair Ave W

4 Baths

Remarks

Outstanding opportunity to take over a fully built-out and licensed restaurant in one of Toronto's most desirable midtown neighbourhoods. Gatherings Restobar is located just steps from the bustling intersection of Yonge and St. Clair, surrounded by residential towers, offices,and consistent foot traffic. This spacious, well-equipped venue is ideal for a variety of restaurant or bar concepts. The space boasts a rare liquor license for 320 seats inside plus anadditional 20 on the patio. Featuring a large, functional kitchen with a 10 ft commercial hood and two walk-in fridges, the restaurant is set up for high-volume service and events. The layout includes multiple dining areas, a prominent bar, and flexibility for private bookings.Offered at a gross monthly rent of $21,504 inclusive of TMI, utilities, and garbage. Strong sales history and a secure 7 + 5 + 5 year lease with no demolition clause make this a compelling choice for owner-operators or brands looking to expand. Available turnkey with training or can be rebranded to suit your vision.

Property Summary

  • Neighbourhood:
  • Annual Tax Amount: $0.00
  • Lot Frontage: 90 Feet
  • Lot Depth: 146.23 Feet
  • Floor Space (approx): 6900 Square Feet
  • Bathrooms (Total): 4

Property Features:

  • Business Type:
    Restaurant
  • Cooling:
    Yes
  • Garage Type:
    Outside/Surface
  • Heat Type:
    Gas Forced Air Closed
  • Property Use:
    Without Property
  • Security Features:
    No
  • Sewer:
    Sanitary Available
  • Utilities:
    Available
  • Water:
    Municipal

Office Listing: 

Ryan Earl Broker  ,  Ivy Knight - Sales Representative

Lifestyle
Neighbourhood Info
Debi Alleway

Debi Alleway

Sales Representative

Phone:  416.443.0300

Fax:  416.443.8619

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Royal LePage Signature Realty, Brokerage (Independently owned and operated)

201 - 8 SAMPSON MEWS
Toronto,  ON M3C0H5

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