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22 Ontario Street

22 Ontario Street

Milton, ON

  • 3,200 sqft
  • Sale Of Business
  • 221 days on market
$399,000

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.

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.

R

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