49 St Clair Avenue W Toronto, Ontario M4V 3A5
$399,000
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:60365)
Business
| BusinessType | Restaurant |
| BusinessSubType | Restaurant/pub |
Property Details
| MLS® Number | C12249892 |
| Property Type | Business |
| Neigbourhood | Toronto—St. Paul's |
| Community Name | Yonge-St. Clair |
| ParkingSpaceTotal | 3 |
Building
| BathroomTotal | 4 |
| CoolingType | Fully Air Conditioned |
| HeatingFuel | Natural Gas |
| HeatingType | Forced Air |
| SizeInterior | 6900 Sqft |
| UtilityWater | Municipal Water |
Land
| Acreage | No |
| SizeDepth | 146 Ft ,2 In |
| SizeFrontage | 90 Ft |
| SizeIrregular | 90 X 146.23 Ft |
| SizeTotalText | 90 X 146.23 Ft |
| ZoningDescription | Business Commercial |
Ryan Earl
Broker
8 Sampson Mews Suite 201 The Shops At Don Mills
Toronto, Ontario M3C 0H5
Ivy Knight
Salesperson
8 Sampson Mews Suite 201 The Shops At Don Mills
Toronto, Ontario M3C 0H5
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June 27 2025 04:42:03
Toronto Real Estate Board
Royal LePage Signature Realty
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