1316 Queen Street
Toronto, CA M6K 1L4
$174,000
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Gorgeous licensed restaurant opportunity in the heart of Parkdale, ideally situated on the sunny north side of Queen Street West. Currently operating as a popular Italian restaurant, this business is available with training or offers flexibility for rebranding into a different concept, cuisine, or franchise. The space comprises approximately 1,400 sq ft and is licensed for 30 seats. It features a full commercial kitchen equipped with a 12-foot hood, two walk-in coolers, and ample additional prep space located downstairs. A full bar is positioned at the rear, while the front retail and dining area allows for additional seating and strong street presence. The restaurant is offered with a highly attractive lease rate of $5,664 gross rent including TMI, with 2+ 5 years remaining. This is an excellent opportunity to secure a turnkey restaurant in a sought-after Queen Street West location. Please do not go direct or speak to staff or ownership.
Property Facts
Lot & Parking
Utilities & Systems
Contact Joe, Doug & Randal for more information or to schedule a viewing.
MLS #: W12709546
Listed: January 19, 2026