12 - 550 Queens Quay
Toronto C01, ON
1,050 sqft • Sale Of Business • 110 days on market
This is an excellent opportunity in an unbeatable location.Taking over a well -established and turn key newly built out restaurant on Queens Quay Harbour Front Area. This Location Surrounded With Luxury Condos, Offices, Waterfront, Tourist Area . This 1050 square foot restaurant sits at the base of a 12 storey, 245 condos building. With a liquor license of 24 seats inside, To be sure to have established and new customers whether they're locals or tourists to the area .The kitchen is equipped with plenty of fridge space, storage, and top line equipment to accommodate your cuisine of choice. With a long lease term in place at incredibly low rent. this Bright, Welcoming & Functionally Laid Out restaurant With High Volume Walking Traffic. Modern & Spacious Sitting Area . This Unit Has It All,Excellent Opportunity To Take Over, Easy To Run. Just Renovated, very attractive Neighbourhood. Amazing Opportunity To Start Your Own Business With Minimal Cost.Endless Potential For Growth And Catering, High Traffic Flow. Consistent year around tourism. Expected increased tourism driven by upcoming FIFA WORLD CUP to the city .Steps to BILLY BISHOP AIRPOR.
Listing Details
- Taxes (2025)
- $11,880
- Listed
- May 4, 2026
Price History
Location & Legal
- Cross Street
- Queens Quay W & Dan Leckie Way
- Zoning
- Commercial
- Possession
- Immediate
Commercial
- Business Type
- Restaurant
- Occupancy
- Owner
Included
- Inclusions
- Price Includes All Equipment, Chattels, And Fixtures Of Current Operation.(As per List of Chattels & Equipment)
- Exclusions
- As per List of Chattels & Equipment
- Rental Items
- As per List of Chattels & Equipment
Community
Postal area M5V
- Population
- 59,912
- Private dwellings
- 42,449
- Median age
- 32
- Average household size
- 1.6
- Median household income
- $91,000
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
- $664,000
- Homes sold
- 3,094
- Median days on market
- 26
- Sale-to-list price
- 97.6%
Based on 3,094 recorded sales of commercial properties in Toronto C01 over the last 12 months.
Listed by
DESIRE MORE REALTY INC.
Commercial figures
- Building area
- 1,050 sq ft
- Price per sq ft
- $94.29
- Annual property tax
- $11,880
- Tax per sq ft
- $11.31
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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