49 ST CLAIR AVENUE W, Toronto, Ontario
$399,000
- 4 Baths
- 6,900 Square Feet
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. (id:50212)
- Listing ID: C12249892
- Property Type: Business
Schedule a Tour
Schedule Private Tour
Prashanth Prabakaran would happily provide a private viewing if you would like to schedule a tour.
Listing provided by ROYAL LEPAGE SIGNATURE REALTY
MLS®, REALTOR®, and the associated logos are trademarks of the Canadian Real Estate Association.
This REALTOR.ca listing content is owned and licensed by REALTOR® members of the Canadian Real Estate Association. This property for sale is located at 49 ST CLAIR AVENUE W in Toronto Ontario. It was last modified on June 28th, 2025. Contact Prashanth Prabakaran to schedule a viewing or to discover other Toronto real estate for sale.