FOR SALE: ELEGANT TURNKEY HOSPITALITY VENUE IN QUEEN WEST, TORONTO. A rare opportunity to own a fully renovated, upscale hospitality space in Toronto's vibrant Queen West. Spanning 5,673 sq. ft., this stylish venue is ideal for a restaurant, lounge, cocktail bar, offering high-end finishes, state-of-the-art technology, and a prime location. HIGHLIGHTS: Elegant Interiors: Custom millwork, modern design, and premium finishes. Licensed for 200 Guests: Multiple lounge areas + private second-floor patio (licensed for 40). Advanced A/V & Lighting: 12 HD projectors, JBL speakers, and Savant smart lighting. Fully Equipped Bar & Kitchen: Perlick refrigeration, EFI appliances. Long-Term Lease Stability: Secure lease through 2031 + Two (2) 5-year renewal options. Prime Location: High foot traffic, surrounded by top retail, dining & nightlife. Versatile & Event-Ready: Ideal for private events, corporate functions, and upscale nightlife. This turnkey opportunity eliminates build-out costs, offering exceptional value for hospitality entrepreneurs looking to expand or launch in a high-demand urban hub. Serious Inquiries only. Lease details, and private tours available upon request. NO NEED FOR SECURITY DEPOSITS OR ADDITIONAL RENT DEPOSITS - SELLER HAS PROVIDED $300K TO LANDLORD WHICH WILL BE APPLIED TO THE LEASE/RENT IN YEAR 10. BUYER TO REPAY THE $300 TO SELLER ONCE IT'S RELEASED FROM THE LANDLORD. CURRENT RENT INCLUDING ADDITIONAL RENT IS APPROX. $23,000 PLUS HST.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
5673 sq. ft. Square Feet
Total Area:
5,673 sq. ft.527 m2
Retail Area:
5673 sq. ft. Sq Ft
Lot Depth:
79'24.1 m
Lot Frontage:
72'21.9 m
Lot Details:
72.00 x 79.00 Feet
Bathrooms:
9.0
Water supply:
Municipal
Rooms:
0
Zoning:
Mc-Commercial
Heating type:
Gas Forced Air Open
Cooling:
Yes
Garage:
None
Parking Spaces:
0
Possession Details:
Immediate
HST Applicable To Sale Price:
In Addition To
Type Taxes:
TMI
Taxes:
$20 /
2025
Assessment:
$- /
-
Toronto
Toronto C01
Niagara
Public Transit
Yes
DISHWASHER, GLASS WASHER, PHOTOCOPY MACHINE
CHATTELS AND EQUIPMENT ARE INCLUDED IN THE SALE - LIST TO BE PROVIDED
LIST OF ITEMS WILL BE PROVIDED & INVENTORY NOT INCLUDED
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