490 Queen W Street, Toronto C01, ON M5V 2B3

  • $349,000
490 Queen W Street, Toronto C01, ON M5V 2B3
Active
490 Queen W Street, Toronto C01, ON M5V 2B3
490 Queen W Street, Toronto C01, ON M5V 2B3
  • $349,000

Overview

Property ID: HZC12645370
  • Sale Of Business, Commercial Sale
  • Property Type
  • 2
  • Bathrooms
  • 1800
  • Sqft

Description

***Prime Queen West Opportunity – Turnkey Bar & Restaurant with Liquor License*** An exceptional opportunity to own a fully licensed, well-established bar and restaurant in one of Toronto’s most vibrant and high-traffic neighborhoods-Queen West. This turnkey business is surrounded by dense residential and commercial developments, ensuring steady foot traffic year-round. Highlights: Fully renovated and thoughtfully designed to accommodate virtually any restaurant or bar concept. Features over $200,000 in recent upgrades, including like-new equipment and a flexible, modern layout. A garage-style glass door opens during the spring, summer, and fall, creating a bright, airy atmosphere filled with natural light, fresh air, and a lively connection to the street. Perfect for a variety of concepts, including private events, themed nights, or corporate reservations. Chef’s kitchen featuring a 14-ft commercial hood vent, fire suppression system, walk-in cooler and freezer, multiple refrigerators, and a fully equipped secondary prep kitchen. Full high and dry basement offering ample additional storage-ideal for use as a prep kitchen, office, or extra workspace. Eligible for a Street Patio, adding seasonal curb appeal and seating capacity. Fully Integrated POS with tablets and delivery platforms (Skip The Dishes, Uber Eats, Door Dash) Ideal for dine-in, takeout, or delivery operations. Prime Location, surrounded by residential and commercial activity, with nearby subway and streetcar access. Lease Details: $14,300/month (including TMI & HST) Brand-new 5+5 lease from May 2026 No operational restrictions – Suitable for any cuisine, concept, or franchise. Perfect for owner-operators, family-run businesses, or brand expansions. Please do not go direct or speak to staff.

  • Address 490 Queen W Street
  • City Toronto C01
  • State/county ON
  • Zip/Postal Code M5V 2B3

Details

Updated on December 21, 2025 at 8:21 pm
  • Property ID: HZC12645370
  • Price: $349,000
  • Property Size: 1800 Sqft
  • Bathrooms: 2
  • Garage Size: x x
  • Property Type: Sale Of Business, Commercial Sale
  • Property Status: Active
  • MLS#: C12645370

Additional details

  • Utilities: Yes
  • Cooling: Yes
  • County: Toronto
  • Property Type: Commercial Sale

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