49 St Clair Avenue, Toronto C02, Ontario M4V 3A5 is For Sale and has a listing price of 349,000. The property is located in the Kennedy Park neighbourhood . It's been on the website for 3 Days.
Prime Midtown Toronto Restaurant Opportunity – Turnkey & Fully LicensedExceptional chance to take over a fully built-out and licensed restaurant in the heart of Yonge & St. Clair, one of Toronto’s most desirable midtown neighbourhoods. Gatherings Restobar is ideally positioned just steps from the intersection, surrounded by dense residential towers, offices, and constant pedestrian traffic – ensuring excellent exposure and steady customer flow.This spacious, well-equipped venue offers a rare 320-seat liquor license plus an additional 30 seats on the patio, making it ideal for restaurants, lounges, or event-driven concepts. The large commercial kitchen is designed for high-volume service, complete with a 10-ft exhaust hood, two walk-in fridges, and ample prep and storage areas. Multiple dining sections and a central bar allow flexibility for private functions or reconfiguration to suit a new brand vision. This property features a secure 7 + 5 + 5-year lease with no demolition clause. Strong sales history and infrastructure already in place make it a rare turnkey opportunity for both experienced operators and expanding brands.Available as-is with training, or easily rebranded to match your concept. A standout opportunity in one of Toronto’s most consistent and high-performing restaurant corridors.
| List Date | MLS ID | List Price | Status | End Date | Closed Price |
|---|---|---|---|---|---|
| 10/28/2025 | C12485415 | $349,000 | For Sale | - | - |
| 06/27/2025 | C12249892 | $399,000 | For Sale | - | - |