For sale 50$4,500,000
502 Queen Street West
Kensington-Chinatown, Toronto, Ontario M5V2B3
For sale· Added
About this property
Prime Queen Street West Restaurant Opportunity. Discover an exceptional turnkey restaurant opportunity in the heart of Toronto's highly sought-after Queen West neighborhood, ideally located between Spadina Avenue and Bathurst Street. The space is fully built out and professionally fitted as a turnkey restaurant, allowing an incoming operator to open with minimal additional investment. All owned equipment, fixtures, and essential restaurant infrastructure are included in the sale. The property has been exceptionally well maintained and features numerous upgrades over the years, including a full building sprinkler system and an upgraded gas line. Rear lane access offers convenient loading and servicing, enhancing day-to-day restaurant functionality. Current status: Leased through July 2027. The buyer must assume the tenant for the remaining lease term. Don't miss this chance to join one of Toronto's most vibrant and desirable commercial districts.
Location
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Property details
Listing
- MLS® number
- C13704106
- Added
- Aug 22, 2026 ()
- Updated
- Aug 22, 2026 ()
- Info refreshed
Overview
- Property type
- Retail
Inside
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Fireplace
- No
Land
- Lot size
- 15.18 x 122 ft
- Zoning
- CR3(c2;r2*1385)
Services
- Water
- Municipal water
Location
- Cross streets
- Queen/Portland
Running costs
- Annual property tax
- $48,000
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