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49 St Clair Avenue

Toronto C02, ON M4V 3A5

Off-Market
0 Beds
4 Baths
6,900 Sq Ft
Commercial
This listing is no longer active on the MLS® and is not currently for sale. Interested in something similar? Ask Filipe →

About This Property

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.

Property Details

StatusOff-Market
Property TypeCommercial
Listing TypeSale
Interior Size6,900 sq ft
Bedrooms0
Bathrooms4
Postal CodeM4V 3A5
Last UpdatedOct 8, 2026 · 1:14 a.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

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TRREB MLS® Attribution

MLS® C12485415

Listed by ROYAL LEPAGE ASSOCIATES REALTY

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$299,000

last list price — no longer for sale

MLS®C12485415
TypeCommercial
CityToronto C02
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Team Filipe · RE/MAX · (647) 210-6070

Listed By

ROYAL LEPAGE ASSOCIATES REALTY