942 Queen Street
Toronto C01, ON
- 4 bath
- 1,115 sqft
- Sale Of Business
- 362 days on market
Fonda Lola Turnkey Mexican Bistro with Patios in Prime Queen West An exceptional opportunity to own a thriving, fully licensed restaurant in the heart of one of Toronto's trendiest neighborhoods. Offering 1,115 sq ft of interior space with seating for 40guests inside, plus a beautifully landscaped rear patio with capacity for 40 guests. During the summer, take advantage of Cafe TO additional 20 seats, bringing total capacity to 100.Liquor License (LLBO): 40 interior / 40 patio/20 Cafe TO Full Commercial Kitchen New 5-Year Lease in place until July 2030Net Rent: $6,500/month + TMI. Very favorable renewal terms in lease. Fully equipped basement with 4 washrooms, an office, and ample storage Fonda Lola is a well-loved casual bistro known for its vibrant atmosphere, sustainable ingredients, and fresh, locally sourced Mexican cuisine and cocktails. This is a rare turnkey opportunity in a high-traffic, high-visibility location. Perfect for a chef-driven concept or experienced operator looking to capitalize on a vibrant, loyal local clientele and a strong seasonal patio presence.
Virtual Tour
Virtual Tour Available
Listing Details
- Listed
- September 2, 2025
Price History
Property
- Lot Size
- 18.88 x 92.56 Feet
Parking
- Garage
- None
Location & Legal
- Cross Street
- Shaw St.
- Zoning
- CR, CR3(c1 ;r2.5*1551)
- Parcel Number
- 212750126
- Possession
- 30-59 days
- Occupancy
- Owner
Commercial
- Business Type
- Restaurant
- Office / Apartment Area
- 0 Sq Ft
Included
- Inclusions
- 3 comp sink, Dish washer machine (rented) Grease trap Two racks 1 chest freezer, Two glass door standing fridge with light TRUE, 1 deep fryer, 1 6 burner stove with double oven GARLAND, 1 gas grill 16'' WELLS, 1 kitchen hood 8ft, 1 fire suppression system, 2 hot tables WINCO, 1 double door low boy fridge, 1 double door pizza/salad fridge (top lift), 2 stainless steel tables, 1 commercial blender, Heat lamp, 3 chest freezer, 1 bar fridge with glass sliding doors, 2 standing fridges Metallic racks Glass washing machine (rental), Bar fridge 3 glass sliding doors, Ice machine Espresso machine Coffee grinder Hand sink Racks, Back bar rack with LED lights, POS system -- TOAST, Wine fridge Desk and chair Printer and scanner Racks, Marble tables, Chairs, Plates, Glasses Wine glasses, Cocktail glasses Cutlery fo
- Rental Items
- Dishwasher and Glasswasher machine
Community
Postal area M6J
- Population
- 32,111
- Private dwellings
- 17,027
- Median age
- 36.8
- Average household size
- 2
- Median household income
- $90,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Commercial in Toronto C01 · last 12 months
- Median sold price
- $665,000
- Homes sold
- 3,085
- Median days on market
- 26
- Sale-to-list price
- 97.6%
Based on 3,085 recorded sales of commercial properties in Toronto C01 over the last 12 months.
Listed by
REMAX CONNECT REALTY
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 1,115 sq ft
- Price per sq ft
- $258.30
Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.
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