22
49 St Clair Avenue W
$399,000 Sale
Listed 57 days ago
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Listing History
Buy/Sell/Terminated/Expired listing history for 49 St Clair Avenue W
Key Facts
Key facts for 49 St Clair Avenue W
Property Type
Commercial
Parking
Outside/Surface
MLS #
C12249892
Size
-
Basement
-
Listed on
2025-06-26
Lot size
90 x 146.23
Tax
-
Days on Market
59
Approximate Age
-
Maintenance Fee
-
Description
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 tra...ffic. 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.
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Courtesy of: ROYAL LEPAGE SIGNATURE REALTY