About this property

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.

Features & finishes

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Air Conditioning

Basement

Property details

MLS® Number	C12373356
Status	Active
Listing Type	For Sale
Property Type	Commercial
Interior Size	1,115 sq ft
Lot Size	1,674 sq ft
Beds / Baths	0 bed · 4 bath
City	Downtown Toronto / Waterfront
Postal Code	M6J 1G8
Province	ON
Listed Date	January 28, 2026
Days on Market	190
Price per Sq Ft	$258
Brokerage	REMAX CONNECT REALTY