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1224 St Clair Avenue

1224 St Clair Avenue

Toronto W03, ON

  • 4 bath
  • 4,800 sqft
  • Sale Of Business
  • 220 days on market
$574,999Price reduced 4%

Excellent opportunity to acquire FINE DINE RESTAURANT (Can be converted into the other brand ), a profitable and well-established restaurant located in a prime and busy Midtown Toronto corridor with strong pedestrian and vehicular traffic. The area is surrounded by dense residential neighbourhoods, retail, and transit, making it an ideal hospitality location. The restaurant offers approximately 92 seats and holds a valid LLBO license, supporting strong dine-in and alcohol sales. The space has been fully upgraded with high-end finishes and one of the best interiors in the area, creating an upscale, welcoming dining environment. Features a fully equipped commercial kitchen, efficient layout, and well-designed front-of-house, making it truly turnkey. The business enjoys good profits with a very decent and manageable rent, a rare advantage in today's Toronto restaurant market. This location is highly versatile and can be continued under the existing brand or easily converted to another restaurant concept or franchise, subject to landlord approval. Ideal for owner-operators, seasoned restaurateurs, or investors seeking a proven restaurant opportunity with strong upside.

Listing Details

Taxes (2025)
$21,600
Originally Listed
$599,999
Listed
January 29, 2026

Price History

Listing history

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Parking

Garage
Outside/Surface

Utilities

Sewer
None

Location & Legal

Cross Street
Dufferin and St Clair
Zoning
Commercial
Possession
Flexible
Occupancy
Owner

Commercial

Business Type
Restaurant
Office / Apartment Area
400 Sq Ft

Included

Inclusions
All equipments and chattels.

Property Insights

tile floorspot lights

AI-generated from listing photos. Not professional advice.

Community

Postal area M6E

Population
37,684
Private dwellings
16,172
Median age
40.8
Average household size
2.5
Median household income
$82,000

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 W03 · last 12 months

Median sold price
$886,250
Homes sold
500
Median days on market
16
Sale-to-list price
100.3%

Based on 500 recorded sales of commercial properties in Toronto W03 over the last 12 months.

Listed by

HOMELIFE/MIRACLE REALTY LTD

Walk Score

98

Walk

78

Transit

76

Bike

Scores by Walk Score®

Commercial figures

Building area
4,800 sq ft
Price per sq ft
$119.79
Annual property tax
$21,600
Tax per sq ft
$4.50

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

R

Reita | Assistant

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Reita said:

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