507 Queen Street
Toronto C01, ON M5V 2B4
NewActiveFor Sale
0 Beds
0 Baths
Commercial
About This Property
Fully equipped, "plug-and-play" restaurant space in the heart of Toronto's Fashion District. Located at 507 Queen St. W., this high-visibility site is perfectly optimized for an easy transition to any other cusine or bar. The space features a full commercial kitchen with a venting system, a rare main-floor walk-in fridge, and a full basement for dry storage. With an active, transferable LLBO license for 26 seats and established patio potential, this location allows a new operator to bypass the $300k+ build-out costs and lengthy municipal permit delays. Start trading immediately in one of the city's most consistent foot-traffic corridors.
Property Details
StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms0
ListedMarch 10, 2026
Postal CodeM5V 2B4
Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® C12868702
Listed by RE/MAX ULTIMATE REALTY INC.
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.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$659
/month · $108,000 mortgage
Down Payment20% — $27,000
Interest Rate5.5%
Amortization
Total Interest
$89,767
Total Cost
$197,767
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
Full Mortgage Calculator →Listed By
RE/MAX ULTIMATE REALTY INC.