1226 King Street

Toronto W01, ON

5 bath
1,400 sqft
Sale Of Business
51 days on market

$299,000

Beautiful fully licensed restaurant available on vibrant King Street West in Toronto's Parkdale neighbourhood. Currently operating as Reina de Mexico, this completely renovated space is ideal for continuing as a restaurant or rebranding into a different concept, cuisine, or franchise in one of the city's most sought-after dining corridors. The 1,400 sq ft layout features a fully equipped chef's kitchen with a 14-ft commercial hood, one walk-in fridge, and an impressive collection of quality equipment. Licensed for 45 guests including the sunny streetfront patio,the restaurant benefits from excellent signage, outstanding exposure, and one of the best people-watching patios on King West. Lease rate of $6,200 Gross Rent including TMI with 3 + 5years remaining. This is a turnkey opportunity in a high-demand location surrounded by restaurants, cafés, nightlife, and dense residential neighbourhoods. Please do not go direct or speak to staff or ownership.

Listing Details

Listed: July 16, 2026

Price History

Listing history

Property

Lot Size: 21 x 150 Feet

Parking

Garage: Plaza

Utilities

Sewer: Sanitary+Storm

Location & Legal

Cross Street: King St W and Dufferin St
Zoning: Business Commercial
Possession: Flexible
Occupancy: Tenant

Commercial

Business Type: Restaurant

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: $997,000
Homes sold: 478
Median days on market: 15
Sale-to-list price: 101.1%

Based on 478 recorded sales of commercial properties in Toronto W01 over the last 12 months.

Listed by

ROYAL LEPAGE SIGNATURE REALTY

Walk Score

Walk

Transit

Bike

Scores by Walk Score®

Location

Street View

Commercial figures

Building area: 1,400 sq ft
Price per sq ft: $213.57

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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