fbpx

Browse Listings

Browsing Alexandra Park

Please log in to view all MLS Listings. Not our rule, it's a Real Estate Board thing. We won't spam you, promise.

Not logged in
Login with:

490 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C12935556

490 Queen Street W Toronto M5V 2B3 : Kensington-Chinatown

Main Photo: 490 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12935556
$250,000 /For Sale
Prop. Type:
Commercial
MLS® Num:
C12935556
Status:
Active
Bus Major:
Bar/Tavern/Pub
***Prime Queen West Opportunity - Turnkey Bar & Restaurant with Liquor License*** An exceptional opportunity to own a fully licensed, well-established bar and restaurant in one of Toronto's most vibrant and high-traffic neighborhoods-Queen West. This turnkey business is surrounded by dense residential and commercial developments, ensuring steady foot traffic year-round. Highlights: Fully renovated and thoughtfully designed to accommodate virtually any restaurant or bar concept. Features over $200,000 in recent upgrades, including like-new equipment and a flexible, modern layout. A garage-style glass door opens during the spring, summer, and fall, creating a bright, airy atmosphere filled with natural light, fresh air, and a lively connection to the street. Perfect for a variety of concepts, including private events, themed nights, or corporate reservations. Chef's kitchen featuring a 14-ft commercial hood vent, fire suppression system, walk-in cooler and freezer, multiple refrigerators, and a fully equipped secondary prep kitchen. Full high and dry basement offering ample additional storage-ideal for use as a prep kitchen, office, or extra workspace. Eligible for a Street Patio, adding seasonal curb appeal and seating capacity. Fully Integrated POS with tablets and delivery platforms (SkipTheDishes, Uber Eats, DoorDash) Ideal for dine-in, takeout, or delivery operations. Prime Location, surrounded by residential and commercial activity, with nearby subway and streetcar access. Lease Details: $14,300/month (including TMI & HST) Brand-new 5+5 lease from May 2026 No operational restrictions - Suitable for any cuisine, concept, or franchise. Perfect for owner-operators, family-run businesses, or brand expansions. Please do not go direct or speak to staff.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
1800 sq. ft. Square Feet
Total Area:
Switch units of measure1,800 sq. ft.
Retail Area:
1800 sq. ft. Sq Ft
Lot Depth:
Switch units of measure104'6"
Lot Frontage:
Switch units of measure17'11"
Bathrooms:
2.0
Water supply:
Municipal
Zoning:
Business Commercial
Heating type:
Gas Forced Air Closed
Garage:
Other
Possession Details:
TBA
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
Yes
None
Water Supply Types:
None
Utilities:
Yes
Air Conditioning:
Yes
Seller Property Info Statement:
Yes
Financial Statements:
Yes
Expenses Actual/Estimated:
Estimated
Major Business Type:
Bar/Tavern/Pub
Category:
Without Property
Franchise:
No
Days Open:
Open 6 Days
Hours Open:
5PM-2AM
Employees:
5
Chattels:
Yes
LLBO:
Yes
Outside Storage:
No
Seats:
56
Date Listed:
Mar 30, 2026
Original Price:
Previous Price:
Listed by CENTURY 21 NEW CONCEPT
Data was last updated May 31, 2026 at 04:15 PM (UTC)