1316 Queen Street
Toronto W01, ON
4 bath • 1,400 sqft • Sale Of Business • 221 days on market
Gorgeous licensed restaurant opportunity in the heart of Parkdale, ideally situated on the sunny north side of Queen Street West. Currently operating as a popular Italian restaurant, this business is available with training or offers flexibility for rebranding into a different concept, cuisine, or franchise. The space comprises approximately 1,400 sq ft and is licensed for 30 seats. It features a full commercial kitchen equipped with a 12-foot hood, two walk-in coolers, and ample additional prep space located downstairs. A full bar is positioned at the rear, while the front retail and dining area allows for additional seating and strong street presence. The restaurant is offered with a highly attractive lease rate of $5,664 gross rent including TMI, with 2+ 5 years remaining. This is an excellent opportunity to secure a turnkey restaurant in a sought-after Queen Street West location. Please do not go direct or speak to staff or ownership.
Listing Details
- Originally Listed
- $199,000
- Listed
- January 19, 2026
Price History
Property
- Lot Size
- 16.88 x 140.92 Feet
Utilities
- Sewer
- Sanitary+Storm
Location & Legal
- Cross Street
- Queen St W & Dufferin St
- Zoning
- Business Commercial
- Possession
- Flexible
Commercial
- Business Type
- Restaurant
- Occupancy
- Tenant
Community
Postal area M6K
- Population
- 42,110
- Private dwellings
- 25,403
- Median age
- 35.6
- Average household size
- 1.8
- Median household income
- $72,000
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 W01 · last 12 months
- Median sold price
- $1,012,500
- Homes sold
- 474
- Median days on market
- 15
- Sale-to-list price
- 101.1%
Based on 474 recorded sales of commercial properties in Toronto W01 over the last 12 months.
Listed by
ROYAL LEPAGE SIGNATURE REALTY
Location
Commercial figures
- Building area
- 1,400 sq ft
- Price per sq ft
- $124.29
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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