$174,000
$199,000
$124/sq ft · 91 days on market
Gorgeous licensed restaurant opportunity in the heart of Parkdale, ideally situated on the sunny north side of Queen Street West. Currently operating as a popular Italian restaurant, this business is available with training or offers flexibility for rebranding into a different concept, cuisine, or franchise. The space comprises approximately 1,400 sq ft and is licensed for 30 seats. It features a full commercial kitchen equipped with a 12-foot hood, two walk-in coolers, and ample additional prep space located downstairs. A full bar is positioned at the rear, while the front retail and dining area allows for additional seating and strong street presence. The restaurant is offered with a highly attractive lease rate of $5,664 gross rent including TMI, with 2+ 5 years remaining. This is an excellent opportunity to secure a turnkey restaurant in a sought-after Queen Street West location. Please do not go direct or speak to staff or ownership.
1316 Queen Street W
Closest publicly funded schools within 5 km
Source: Ontario Ministry of Education · straight-line distances
Nearest rapid transit and bus stops
Source: TTC GTFS · straight-line distances · routes shown are short names
239 within a 10-min walk · 785 within 20 min · click a card to see the closest ones
© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance
Listing provided by ROYAL LEPAGE SIGNATURE REALTY
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Data last updated: April 19, 2026 at 09:43 p.m.