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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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249 Victoria Street Toronto C08
For SaleDowntown Yonge East

249 Victoria Street Toronto C08, Sale Of Business for Sale

MLS® C13864016

Downtown Yonge East, Toronto, ON

32 days on market
$3,900,000
Show on Map
Show on Map
N/ABeds
2Baths
3,688Sqft
N/AParking
Sale Of Business

Overview· 249 Victoria Street Toronto

MLS® #C13864016

The Senator Restaurant, a renowned iconic Toronto dining institution, is being offered for sale along with its freehold property at 249 Victoria Street. Located steps from Yonge-Dundas Square, Massey Hall, and the Elgin & Winter Garden Theatres, this landmark opportunity combines a well-established brand within a prime downtown location. The main floor dining room retains its booths, back bar, and period fixtures. The renovated second floor features a 24-seat French bistro with an antique stand-up bar, marble tables, and its own pastry and prep kitchen. The strength of The Senator's brand offers significant potential for an operator seeking to expand through modern digital marketing and delivery channels. Chattels are included as per schedule.

Exclusions

Piano located on the second floor.

Broker

COLLIERS

Neighbourhood

Downtown Yonge East

Walk 100Avg $663KArea guide

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Walk Score®99Walker's ParadiseWalker's Paradise
Transit Score®100Rider's ParadiseRider's Paradise
Bike Score®96Biker's ParadiseBiker's Paradise
Schools8728 schools within 1.5 km · nearest 142 m28 schools within 1.5 km · nearest 142 m
Parks9712 parks within 1 km · nearest 222 m12 parks within 1 km · nearest 222 m
Convenience9377 groceries, cafes and pharmacies within 1 km · nearest 151 m77 groceries, cafes and pharmacies within 1 km · nearest 151 m
Safety3Safer than 3% of Toronto neighbourhoods (2025)Downtown Yonge East: 3,790 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 249 Victoria Street Toronto

Source: MLS® listing data
249 Victoria Street Toronto

Sale Of Business

249 Victoria Street Toronto

Downtown Yonge East

Type

Sale Of Business

Parking

Outside/Surface

Property Tax

~$36,000/yr

Heating

Gas Forced Air Open

Buying Essentials

Square Feet

3688 sqft

Parking

Outside/Surface

Finances

List Price

$3,900,000

Price per SQFT

$1,057/sqft

Property Tax

~$36,000/yr

Property Specs

Property Type

Sale Of Business

MLS Size

3688 sqft

Living & Amenities

Heating Type

Gas Forced Air Open

Policies & Utilities

Neighbourhood

Downtown Yonge East

Listed On

Oct 5, 2026

Price & Listing History

Days on Market

Current: 32 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Summary

Mortgage Payment$15,686/mo
Property Tax$3,000/mo
Total Monthly$18,686

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0