Gorgeous licensed restaurant located at Dundas Street West and McCaul Street in the heart of downtown Toronto, directly across from the world-renowned Art Gallery of Ontario. This impressive hospitality space features a stylish and modern buildout with multiple bars, a full commercial kitchen, and a liquor license for 136 guests plus an additional 5 seats on a small patio overlooking one of the city’s most vibrant cultural corridors.

The expansive 4,700 sq. ft. layout is uniquely divided into two separate areas, allowing for flexible operations. The upper level is ideal for private events, parties, additional dining space, or even a late-night concept, with no restrictions on volume or hours of operation. The kitchen is well equipped for high-volume service with a large 15 ft commercial hood, three walk-ins (2 fridges + 1 freezer), and a strong lineup of professional equipment.

Lease rate of $15,986 Net Rent plus TMI and all utilities. The restaurant currently generates strong sales but can also be converted into a different concept, cuisine, or franchise depending on the buyer’s vision. Please do not go direct or speak to staff.

Situated in a prime cultural corridor of downtown Toronto, this location benefits from exceptional foot traffic and surrounding attractions. Directly across the street is the iconic Art Gallery of Ontario, one of the most visited museums in the country. Just steps to the west is Chinatown, Toronto, a vibrant district known for its restaurants, markets, and constant activity throughout the day and night.

Public transit access is excellent with St. Patrick Station and Osgoode Station both within walking distance on the Toronto Subway Line 1. The area is also close to the University of Toronto campus, Kensington Market, and the Financial District, bringing a steady mix of students, professionals, tourists, and local residents to the neighbourhood.

The unit itself offers excellent flexibility with 200-amp power and a large layout divided into two separate areas. This creates opportunities for private events, additional seating, or even two different concepts operating in the same space. With the ability to operate late night with no restrictions on volume or hours, it is also well suited for a lounge, bar, or nightlife-focused concept.