686 Queen Street East, Toronto | Image 1

686 Queen Street East

Toronto, South Riverdale

  • Commercial

$250,000
For Sale

Added 12 hours ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Restaurant

  • Zoning: COMMERCIAL

  • Age: No Data

  • MLS®#: E11933581

  • Added: Jan 21, 2025 (12 hours ago)

  • Updated:

  • Last Checked: 3 hours ago

  • Listed By: KELLER WILLIAMS ADVANTAGE REALTY

Turnkey Restaurant Opportunity in Prime Leslieville LocationAn exceptional opportunity to own a booming Cocktail Bar, a thriving restaurant and bar business located at the busiest intersection, in the heart of Leslieville. This beautifully renovated and fully licensed establishment offers a cozy dining room with seating for 27 guests and a secluded private patio that accommodates an additional 30 patrons. The business generates impressive and highly lucrative revenues, supported by a loyal clientele and strong weekend performance. Fantastic lease terms, providing stability and exceptional value for the location. Operating as a Cocktail Bar this location is a beloved neighborhood destination, known for its inviting atmosphere and extended weekend hours.With $150,000 worth of owned kitchen equipment, $250,000 invested in renovations and tasteful high quality upgrades, this is a fully operational, turnkey business ready for a new owner to thrive. Situated at the busiest intersection in Leslieville, surrounded by popular restaurants, bars, and retail establishments, the location boasts high visibility and consistent foot traffic.This is a rare opportunity to acquire a profitable and well-established business in one of Torontos most vibrant and sought-after neighborhoods. Contact us today to learn more or to arrange a private showing.

Property

  • Status: Sale

  • Type: Restaurant

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: South Riverdale

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Open

  • Energy Certificate: N

  • Green Verification Status: N

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: BROADVIEW/QUEEN ST E

  • Municipality District: Toronto E01

  • Lot Depth: 85 Feet

  • Lot Frontage: 10 Feet

  • Zoning: COMMERCIAL

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 850

  • Retail Area Metric: Sq Ft

  • Hours Open: 8

  • Area Influence: Major Highway

  • Area Influence: Public Transit

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 57

  • Financial Statement: N

  • LLBO: Y

Map of 686 Queen Street East, Toronto
JK-8

First Nations School of Toronto Junior Senior

Elementary: Public
0.40 km
JK-8

St Paul Catholic School

Elementary: Catholic
0.91 km
6-8

Queen Alexandra Middle School

Elementary: Public
0.31 km
JK-5

Dundas Junior Public School

Elementary: Public
0.40 km
JK-8

Nelson Mandela Park Public School

Elementary: Public
0.80 km
JK-6

Morse Street Junior Public School

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0.87 km
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Msgr Fraser College (St. Martin Campus)

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1.46 km
9-12

Inglenook Community School

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0.88 km
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SEED Alternative

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0.36 km
9-12

Eastdale Collegiate Institute

Secondary: Public
0.80 km
9-12

CALC Secondary School

Secondary: Public
1.99 km
9-12

Riverdale Collegiate Institute

Secondary: Public
1.79 km
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