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942 Queen Street

Toronto C01, ON M6J 1G8

ActiveFor Sale
0 Beds
4 Baths
1,115 Sq Ft
1,674 Lot Sq Ft
Commercial
Virtual Tour Available

About This Property

Fonda Lola Turnkey Mexican Bistro with Patios in Prime Queen West An exceptional opportunity to own a thriving, fully licensed restaurant in the heart of one of Toronto's trendiest neighborhoods. Offering 1,115 sq ft of interior space with seating for 40guests inside, plus a beautifully landscaped rear patio with capacity for 40 guests. During the summer, take advantage of Cafe TO additional 20 seats, bringing total capacity to 100.Liquor License (LLBO): 40 interior / 40 patio/20 Cafe TO Full Commercial Kitchen New 5-Year Lease in place until July 2030Net Rent: $6,500/month + TMI. Very favorable renewal terms in lease. Fully equipped basement with 4 washrooms, an office, and ample storage Fonda Lola is a well-loved casual bistro known for its vibrant atmosphere, sustainable ingredients, and fresh, locally sourced Mexican cuisine and cocktails. This is a rare turnkey opportunity in a high-traffic, high-visibility location. Perfect for a chef-driven concept or experienced operator looking to capitalize on a vibrant, loyal local clientele and a strong seasonal patio presence.

Property Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Interior Size1,115 sq ft
Lot Size1,674 sq ft
Bedrooms0
Bathrooms4
Postal CodeM6J 1G8
Last UpdatedAug 8, 2026 · 9:55 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C12373356

Listed by REMAX CONNECT 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.

$288,000

asking price

MLS®C12373356
TypeCommercial
CityToronto C01
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$1,406

/month · $230,400 mortgage

Down Payment20% — $57,600
Interest Rate5.5%

Amortization

Total Interest

$191,503

Total Cost

$421,903

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

REMAX CONNECT REALTY