49 St Clair Avenue W, Toronto C02, ON M4V 3A5 (Yonge St & St Clair Ave W)

Price : $299,000.00 , MLS®# : C12485415

PUVANESWARANATHAN
Description

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.

Location Description

Yonge St & St Clair Ave W

Property Details
  • Community: Yonge-St. Clair
  • Property Type: Owner/Commercial
  • Bath: 4
  • Garages: Outside/Surface
  • Annual Property Taxes : $ 0
Building Features
  • Parking Type : Outside/Surface
Features
  • Heating : Gas Forced Air Closed
  • Sewer : Sanitary Available ,

Listing Contracted With: ROYAL LEPAGE ASSOCIATES REALTY