$399,000
$84.89/sq ft · 39 days on market
Gorgeous licensed restaurant located at Dundas Street West and McCaul Street in the heart of downtown Toronto, directly across from the world-renowned Art Gallery of Ontario. This impressive hospitality space features a stylish and modern buildout with multiple bars, a full commercial kitchen, and a liquor license for 136 guests plus an additional 5 seats on a small patio overlooking one of the city's most vibrant cultural corridors. The expansive 4,700 sq.ft. layout is uniquely divided into two separate areas, allowing for flexible operations. The upper level is ideal for private events, parties, additional dining space, or even a late-night concept, with no restrictions on volume or hours of operation. The kitchen is well equipped for high-volume service with a large 15 ft commercial hood, three walk-ins (2 fridges + 1 freezer),and a strong lineup of professional equipment. Lease rate of $15,986 Net Rent plus TMI and all utilities. The restaurant currently generates strong sales but can also be converted into a different concept, cuisine, or franchise depending on the buyer's vision. Please do not go direct or speak to staff.
Closest publicly funded schools — within 5km of this address.
Source: Ontario Ministry of Education. Distances are straight-line.
Nearest rapid transit and bus stops
Source: TTC GTFS · straight-line distances · routes shown are short names
755 within a 10-min walk · 2856 within 20 min
© 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 09:41 p.m.