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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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1224 St Clair Avenue Toronto W03
For SalePrice DropCorso Italia-Davenport

1224 St Clair Avenue Toronto W03, Sale Of Business for Sale

MLS® W12740992

Corso Italia-Davenport, Toronto, ON

281 days on market
$574,999
Previously $599,999
Show on Map
Show on Map
N/ABeds
4Baths
4,800Sqft
N/AParking
Sale Of Business

Overview· 1224 St Clair Avenue Toronto

MLS® #W12740992

Excellent opportunity to acquire FINE DINE RESTAURANT (Can be converted into the other brand ), a profitable and well-established restaurant located in a prime and busy Midtown Toronto corridor with strong pedestrian and vehicular traffic. The area is surrounded by dense residential neighbourhoods, retail, and transit, making it an ideal hospitality location. The restaurant offers approximately 92 seats and holds a valid LLBO license, supporting strong dine-in and alcohol sales. The space has been fully upgraded with high-end finishes and one of the best interiors in the area, creating an upscale, welcoming dining environment. Features a fully equipped commercial kitchen, efficient layout, and well-designed front-of-house, making it truly turnkey. The business enjoys good profits with a very decent and manageable rent, a rare advantage in today's Toronto restaurant market. This location is highly versatile and can be continued under the existing brand or easily converted to another restaurant concept or franchise, subject to landlord approval. Ideal for owner-operators, seasoned restaurateurs, or investors seeking a proven restaurant opportunity with strong upside.

Inclusions

All equipments and chattels.

Broker

HOMELIFE/MIRACLE REALTY LTD

Neighbourhood

Corso Italia-Davenport

Walk 99Avg $1.39MArea guide

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Walk Score®98Walker's ParadiseWalker's Paradise
Transit Score®78Excellent TransitExcellent Transit
Bike Score®76Very BikeableVery Bikeable
Schools9124 schools within 1.5 km · nearest 110 m24 schools within 1.5 km · nearest 110 m
Parks516 parks within 1 km · nearest 428 m6 parks within 1 km · nearest 428 m
Convenience9444 groceries, cafes and pharmacies within 1 km · nearest 180 m44 groceries, cafes and pharmacies within 1 km · nearest 180 m
Safety20Safer than 20% of Toronto neighbourhoods (2025)Corso Italia-Davenport: 1,919 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· 1224 St Clair Avenue Toronto

Source: MLS® listing data
1224 St Clair Avenue Toronto

Sale Of Business

1224 St Clair Avenue Toronto

Corso Italia-Davenport

Type

Sale Of Business

Parking

Outside/Surface

Property Tax

~$21,600/yr

Heating

Electric Forced Air

Buying Essentials

Square Feet

4800 sqft

Parking

Outside/Surface

Finances

List Price

$574,999

Price per SQFT

$120/sqft

Property Tax

~$21,600/yr

Property Specs

Property Type

Sale Of Business

MLS Size

4800 sqft

Living & Amenities

Heating Type

Electric Forced Air

Policies & Utilities

Neighbourhood

Corso Italia-Davenport

Listed On

Jan 29, 2026

Price & Listing History

Days on Market

Current: 281 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$2,313/mo
Property Tax$1,800/mo
Total Monthly$4,113

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

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