
22 Ontario Street
Milton, ON
- 3,200 sqft
- Sale Of Business
- 221 days on market
Rarely offered, fully fixtured restaurant space available in the heart of Milton at the busy intersection of Ontario Street and Main Street. Located just steps from Milton's downtown core, this plaza benefits from strong visibility and ample parking for dine-in customers.The space is approximately 3,200 square feet and is well equipped for a new operator to take over with minimal downtime. Existing improvements include wood-burning pizza ovens, a Rational oven, full exhaust hood, walk-in coolers, pylon signage, and an impressive main entrance. The premises also offers a liquor licence capacity of 140 seats. Gross rent is $6,392 per month, inclusive of TMI and HST. Lease in place until 2032 with 2 additional 5 year renewal options. Two subtenants are in place and must be assumed until November 2027. Please do not go direct or speak to staff. Your discretion is appreciated.
Listing Details
- Listed
- January 28, 2026
Price History
Parking
- Garage
- Plaza
Location & Legal
- Cross Street
- Ontario St & Main St
- Zoning
- COMMERCIAL
- Possession
- Flexible
- Occupancy
- Tenant
Commercial
- Business Type
- Restaurant
Included
- Inclusions
- * As per List of Chattels & Equipment *
- Exclusions
- * As per List of Chattels & Equipment *
- Rental Items
- * As per List of Chattels & Equipment *
Community
Postal area L9T
- Population
- 110,956
- Private dwellings
- 34,110
- Median age
- 36.4
- Average household size
- 3.3
- Median household income
- $126,000
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 Milton · last 12 months
- Median sold price
- $922,000
- Homes sold
- 1,491
- Median days on market
- 21
- Sale-to-list price
- 98.2%
Based on 1,491 recorded sales of commercial properties in Milton over the last 12 months.
Listed by
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Walk Score
Walk Score is unavailable for this address right now.
Location
Street View
Commercial figures
- Building area
- 3,200 sq ft
- Price per sq ft
- $124.69
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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