For Sale

49 St Clair Avenue, Toronto C02, Ontario M4V 3A5

$399,000

49 St Clair Avenue, Toronto C02, Ontario M4V 3A5 is For Sale and has a listing price of 399,000. The property is located in the Toronto C02 . It's been on the website for 2 Days.

  • Sale Of Business
    Property Type
  • 4
    Bathrooms
  • MLS ID: C12249892
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

Outstanding opportunity to take over a fully built-out and licensed restaurant in one of Toronto’s most desirable midtown neighbourhoods. Gatherings Restobar is located just steps from the bustling intersection of Yonge and St. Clair, surrounded by residential towers, offices,and consistent foot traffic. This spacious, well-equipped venue is ideal for a variety of restaurant or bar concepts. The space boasts a rare liquor license for 320 seats inside plus anadditional 20 on the patio. Featuring a large, functional kitchen with a 10 ft commercial hood and two walk-in fridges, the restaurant is set up for high-volume service and events. The layout includes multiple dining areas, a prominent bar, and flexibility for private bookings.Offered at a gross monthly rent of $21,504 inclusive of TMI, utilities, and garbage. Strong sales history and a secure 7 + 5 + 5 year lease with no demolition clause make this a compelling choice for owner-operators or brands looking to expand. Available turnkey with training or can be rebranded to suit your vision.

Property Details
  • MLS ID: C12249892
  • Bathrooms: 4
  • Price: $399,000
  • Lot Depth: 146.23
  • Transaction Types: For Sale
  • Ref ID: C12249892
  • Year Built: N/A
  • Dir / Cross St: Yonge St & St Clair Ave W
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
06/27/2025 C12249892 $399,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto C02
  • $2,118,930 Average List Price
    based on 1 year
  • 431 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 208.63 % Up
  • Sold (12mo) 209
  • Rented (12mo) 1,050

  • 1 Month Change +85.2%
  • 3 Month Change -14.3%
  • 6 Month Change -73.3%
Walkscore
  • 44 Walk Score
    Car-Dependent
  • 69 Transit Score
    Good Transit
  • 46 Bike Score
    Somewhat Bikeable
Additional Details
  • Heat Type Y
  • Washroom Type1: 4
  • Garage Type Outside/surface
  • Parking Spaces: 3
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 27/06/2025 15:53:51
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