246 Queen Street W, Toronto, ON M5V 1Z7
Toronto C01
An exceptional turnkey, fully stacked restaurant opportunity in the heart of Toronto's highly sought-after Entertainment District, offering an incredible location surrounded by a constant flow of residents, professionals, tourists, and entertainment seekers. Positioned directly across from the former CityTV building and with TTC access at the doorstep, the property enjoys outstanding visibility and consistent pedestrian traffic throughout the day and into the evening. The area is surrounded by high-rise condominiums, office buildings, retail, theatres, and an impressive variety of restaurants and international cuisines, making it an extremely vibrant and diverse dining destination. The fully built-out restaurant provides a modern, functional space with professional kitchen infrastructure, allowing a new operator to significantly reduce the time and cost associated with opening a restaurant from scratch. With approximately 6 years remaining on the existing lease, plus 2 additional 5+5 renewal options, this is a rare opportunity to bring your own culinary concept to one of downtown Toronto's busiest and most exciting corners. $30,510 per month, including TMI/HST & Water. Multi-cuisine options available.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 246 Queen Street W, Toronto, ON M5V 1Z7
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# C13652704
Listed by RE/MAX NOBLECORP REAL ESTATE
On market since Aug 7, 2026
246 Queen Street W, Toronto, ON M5V 1Z7 is listed for $154,900 CAD.
246 Queen Street W, Toronto, ON M5V 1Z7 has 4 bathrooms.
246 Queen Street W, Toronto, ON M5V 1Z7 is a Sale Of Business, 1,800 sq ft.
246 Queen Street W, Toronto, ON M5V 1Z7 is in Toronto C01, Ontario.
246 Queen Street W, Toronto, ON M5V 1Z7 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 246 Queen Street W, Toronto, ON M5V 1Z7 (MLS# C13652704). You can also send a message through the contact form on this site.
