$288,000
FOR SALE

Business for Sale

Restaurant

Lot: 18.88 x 92.56 ft

942 Queen St W
Toronto, ON M6J 1G8 | Trinity-Bellwoods

Fonda Lola Turnkey Mexican Bistro with Patios in Prime Queen West An exceptional opportunity to own a thriving, fully licensed restaurant in the heart of one of Toronto's trendiest neighborhoods. Offering 1,115 sq ft of interior space with seating for 40guests inside, plus a beautifully landscaped rear patio with capacity for 40 guests. During the summer, take advantage of Cafe TO additional 20 seats, bringing total capacity to 100.Liquor License (LLBO): 40 interior / 40 patio/20 Cafe TO Full Commercial Kitchen New 5-Year Lease in place until July 2030Net Rent: $6,500/month + TMI. Very favorable renewal terms in lease. Fully equipped basement with 4 washrooms, an office, and ample storage Fonda Lola is a well-loved casual bistro known for its vibrant atmosphere, sustainable ingredients, and fresh, locally sourced Mexican cuisine and cocktails. This is a rare turnkey opportunity in a high-traffic, high-visibility location. Perfect for a chef-driven concept or experienced operator looking to capitalize on a vibrant, loyal local clientele and a strong seasonal patio presence.
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Listed By REMAX CONNECT REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C12373356
Last Updated Feb 20, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
PIN 212750126
Directions/Cross Streets Shaw St.
Neighbourhood Trinity-Bellwoods
Area Toronto
Price History

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Detailed Information
Bathrooms 4
Lot 18.88 x 92.56 ft
Air Conditioning Yes
Basement Basement
Chattels Y
Garage Type None
Heat Type Electric Hot Water
Financial Statement Y

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