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246 Queen Street W, Toronto, ON M5V 1Z7

Toronto C01, ON, M5V 1Z7 · Kensington-Chinatown

4 Baths
Sq Ft
Sale Of Business Type
C13652704 MLS#

About this property

An exceptional turnkey, fully stacked restaurant opportunity in the heart of Toronto's highly sought-after Entertainment District, offering an incredible location surrounded by a constant flow of residents, professionals, tourists, and entertainment seekers. Positioned directly across from the former CityTV building and with TTC access at the doorstep, the property enjoys outstanding visibility and consistent pedestrian traffic throughout the day and into the evening. The area is surrounded by high-rise condominiums, office buildings, retail, theatres, and an impressive variety of restaurants and international cuisines, making it an extremely vibrant and diverse dining destination. The fully built-out restaurant provides a modern, functional space with professional kitchen infrastructure, allowing a new operator to significantly reduce the time and cost associated with opening a restaurant from scratch. With approximately 6 years remaining on the existing lease, plus 2 additional 5+5 renewal options, this is a rare opportunity to bring your own culinary concept to one of downtown Toronto's busiest and most exciting corners. $22,600 per month including TMI/HST & Water. Multi-cuisine options available.

Features & Amenities

  • Garage: None
  • Cooling: Yes
  • Heat Type: Gas Forced Air Open

Property Details

Property Type Commercial
Property Sub-Type Sale Of Business
Bathrooms 4
Garage None
Heat Type Gas Forced Air Open
Cooling Yes
Tax Year 2026

Building & Construction

Building Area Total
1800

Heating & Cooling

Heat Type
Gas Forced Air Open
Cooling
Yes

Parking & Garage

Garage Type
None

Lot & Land

Lot Size Units
Feet
Lot Depth
0.00
Lot Width
0.00

Financial & Tax

Tax Year
2026
Possession Type
Flexible
Possession Details
TBD

Additional Details

Occupant Type
Tenant
County Or Parish
Toronto
Cross Street
Queen West and John Street
Directions
Queen West and John Street
Showing Requirements
Lockbox

Location

246 Queen Street W, Toronto, ON M5V 1Z7, Toronto C01, ON, M5V 1Z7

Listing courtesy of RE/MAX NOBLECORP REAL ESTATE
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