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Home ON Greater Toronto Area Toronto Old Toronto Yonge-St.Clair Deer Park
49 ST CLAIR AVENUE W
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49 ST CLAIR AVENUE W $299,000
Price Change on 12/02/2025
$299,000
-$50,000
$349,000
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49 ST CLAIR AVENUE W
Toronto (Yonge-St. Clair), Ontario M4V3A5

MLS® Number: C12485415
4
Bathrooms
6900
Square Feet

Listing 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. (41524687)

Location Description

Cross Streets: Yonge St & St Clair Ave W. ** Directions: Yonge and St Clair.

Property Summary

Property Type
Business
Square Footage
6900 sqft
Community Name
Yonge-St. Clair
Land Size
90 x 146.23 FT
Annual Property Taxes
$0
Total Parking Spaces
3
Time on REALTOR.ca
48 days

Building

Bathrooms
Total
4
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Natural gas)
Utilities
Water
Municipal water
Business
Business Type
Restaurant (Restaurant/pub)
Neighbourhood Features
Amenities Nearby
Highway, Public Transit
Parking
Total Parking Spaces
3

Measurements

Square Footage
6900 sqft

Land

Lot Features
Frontage
90 ft
Land Depth
146 ft ,2 in
Other Property Information
Zoning Description
Business Commercial
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RONALD VIGNARAJAH