About this property

Prime Midtown Toronto Restaurant Opportunity - Turnkey & Fully LicensedExceptional chance to take over a fully built-out and licensed restaurant in the heart of Yonge & St. Clair, one of Toronto's most desirable midtown neighbourhoods. Gatherings Restobar is ideally positioned just steps from the intersection, surrounded by dense residential towers, offices, and constant pedestrian traffic - ensuring excellent exposure and steady customer flow.This spacious, well-equipped venue offers a rare 320-seat liquor license plus an additional 30 seats on the patio, making it ideal for restaurants, lounges, or event-driven concepts. The large commercial kitchen is designed for high-volume service, complete with a 10-ft exhaust hood, two walk-in fridges, and ample prep and storage areas. Multiple dining sections and a central bar allow flexibility for private functions or reconfiguration to suit a new brand vision. This property features a secure 7 + 5 + 5-year lease with no demolition clause. Strong sales history and infrastructure already in place make it a rare turnkey opportunity for both experienced operators and expanding brands.Available as-is with training, or easily rebranded to match your concept. A standout opportunity in one of Toronto's most consistent and high-performing restaurant corridors.

Features & finishes

View

Air Conditioning

Basement

Property details

MLS® Number	C12485415
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	6,900 sq ft
Beds / Baths	0 bed · 4 bath
City	Annex / Yorkville / Summerhill
Postal Code	M4V 3A5
Province	ON
Listed Date	January 30, 2026
Days on Market	189
Price per Sq Ft	$43
Brokerage	ROYAL LEPAGE ASSOCIATES REALTY