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MLS® C12485415
Yonge-St.Clair, Toronto, ON
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.
Inclusions
All Chattels and Equipement.
Broker
ROYAL LEPAGE ASSOCIATES REALTY
Neighbourhood
Yonge-St.Clair
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Sale Of Business
49 St Clair Avenue W Toronto
Yonge-St.Clair
Type
Sale Of Business
Parking
Outside/Surface
Property Tax
~$0/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
6900 sqft
Parking
Outside/Surface
Finances
List Price
$299,000
Price per SQFT
$43.33/sqft
Property Tax
~$0/yr
Property Specs
Property Type
Sale Of Business
MLS Size
6900 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Yonge-St.Clair
Listed On
Oct 28, 2025
Major Highway
Public Transit
Days on Market
Current: 375 days
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