$574,999
FOR SALE

Business for Sale

Restaurant


2025 Taxes: $21,600

1224 St Clair Ave
Toronto, ON M6E 1B4 | Corso Italia-Davenport

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.
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Listed By HOMELIFE/MIRACLE REALTY LTD
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W12740992
Last Updated Mar 05, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Taxes (2025) $21,600
Directions/Cross Streets Dufferin and St Clair
Neighbourhood Corso Italia-Davenport
Area Toronto
Price History

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Detailed Information
Bathrooms 4
Air Conditioning Yes
Chattels Y
Garage Type Outside/Surface
Heat Type Electric Forced Air
Financial Statement Y
Sewers None

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