$299,000
$43.33/sq ft· Bldg avg $633/sq ft · 157 days on market
$299,000
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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.
Listing provided by ROYAL LEPAGE ASSOCIATES REALTY
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Data last updated: April 2, 2026 at 03:41 a.m.