1118 Queen Street East, Toronto | Image 1

1118 Queen Street East

Toronto, South Riverdale

  • Commercial

$149,000
For Sale

Added 2 months ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: commercial

  • Age: No Data

  • MLS®#: E8441214

  • Days on Site: 27 Days

  • Added: Jun 13, 2024 (2 months ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: RE/MAX EXCEL REALTY LTD.

This charming French restaurant, nestled in the heart of Leslieville, is a must-visit. The intimate and romantic dining room is adorned with antique French doors that open fully onto the street, enhancing the ambiance. A 486-bottle capacity wine rack adds to the sophisticated decor. Patrons can enjoy bar seating that overlooks the open kitchen on the main floor, providing a dynamic dining experience. For seasonal dining, the back garden patio offers a beautifully decorated retreat, washed in mature foliage. Additionally, a CafeTO patio is available on the street, offering more dining options. The restaurant has been under the same ownership for the past eight years, establishing a well-known and diverse clientele base. While it currently thrives as a French restaurant, the space can be easily adapted to a different concept.

Extras

New AC unit May 2024, new Kitchen Hood and Fire Suppression System 2023, furnace 2022, hot water tank 2021. Transferable Liquor license. Option of taking over the apartment above as a rental income.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: South Riverdale

  • Availability Date: TBA

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: None

Fees

  • Tax Year: 2024

  • Taxes Type: T.M.I.

Land

  • Cross Street: Queen/Jones

  • Municipality District: Toronto E01

  • Zoning: commercial

Commercial Specific

  • Number of Employees: 5

  • Retail Area: 800

  • Retail Area Metric: Sq Ft

  • Hours Open: various

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Lot

  • Seats: 22

  • Financial Statement: N

  • LLBO: Y

Map of 1118 Queen Street East, Toronto
7-8

East Alternative School of Toronto

Elementary: Public
1.09 km
JK-8

Bruce Public School

Elementary: Public
0.21 km
JK-8

St Joseph Catholic School

Elementary: Catholic
0.52 km
JK-6

Blake Street Junior Public School

Elementary: Public
1.09 km
JK-6

Leslieville Junior Public School

Elementary: Public
0.61 km
JK-6

Morse Street Junior Public School

Elementary: Public
0.45 km
9-12

First Nations School of Toronto

Secondary: Public
1.88 km
9-12

SEED Alternative

Secondary: Public
1.20 km
9-12

Eastdale Collegiate Institute

Secondary: Public
1.16 km
9-12

Subway Academy I

Secondary: Public
1.88 km
9-12

St Patrick Catholic Secondary School

Secondary: Catholic
1.90 km
9-12

Riverdale Collegiate Institute

Secondary: Public
0.86 km
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