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49 St Clair Avenue W
Yonge-St. Clair
Toronto
M4V 3A5
$349,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C12485415
- Bus Major:
- Restaurant
- Photos (44)
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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.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- No
- Total Area:
- 6900 sq. ft. Square Feet
- Total Area:
- 6,900 sq. ft.641 m2
- Retail Area:
- 6900 sq. ft. Sq Ft
- Lot Depth:
- 146'2¾"44.6 m
- Lot Frontage:
- 90'27.4 m
- Bathrooms:
- 4.0
- Water supply:
- Municipal
- Zoning:
- Business Commercial
- Heating type:
- Gas Forced Air Closed
- Garage:
- Outside/Surface
- Parking Spaces:
- 3
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- TMI
- Taxes:
- $0 / 2024
- Assessment:
- $- / -
- Toronto
- Toronto C02
- Yonge-St. Clair
- Major Highway, Public Transit
- No
- All Chattels and Equipement.
- None
- Amperage:
- 600
- Volts:
- 200
- Utilities:
- Yes
- Energy Certification:
- No
- Green Property Information Statement:
- No
- Sewers:
- Sanitary Available
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Physically Handicapped-Equipped:
- Yes
- Financial Statements:
- Yes
- Major Business Type:
- Restaurant
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- 11:30 to 12 AM
- Employees:
- 10
- Chattels:
- Yes
- LLBO:
- Yes
- Outside Storage:
- No
- Seats:
- 350
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Listed by ROYAL LEPAGE ASSOCIATES REALTY
Data was last updated October 29, 2025 at 03:15 AM (UTC)
- Tanya Crepulja
- Keller Williams Real Estate Associates, Brokerage
- 647-293-3785
- tanya@tcteam.ca
- Steven Fontes
- Keller Williams Real Estate Associates, Brokerage
- 416-831-2161
- steve@tcteam.ca
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