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507 Queen Street
Waterfront Communities C1 Toronto M5V 2B4

$150,000 /For Sale
Commercial

Main Photo: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 1: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 2: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 3: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 4: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 5: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 6: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 7: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 8: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 9: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 10: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 11: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Photo 12: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12868702
Bus Major:
Restaurant
Fully equipped, "plug-and-play" restaurant space in the heart of Toronto's Fashion District. Located at 507 Queen St. W., this high-visibility site is perfectly optimized for an easy transition to any other cusine or bar. The space features a full commercial kitchen with a venting system, a rare main-floor walk-in fridge, and a full basement for dry storage. With an active, transferable LLBO license for 26 seats and established patio potential, this location allows a new operator to bypass the $300k+ build-out costs and lengthy municipal permit delays. Start trading immediately in one of the city's most consistent foot-traffic corridors.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1292 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
ASAP
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
TMI
Taxes:
$4,500 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Waterfront Communities C1
All Chattels included.
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Hours Open:
11
Employees:
4
Chattels:
Yes
LLBO:
Yes
Seats:
26
Date Listed:
Mar 10, 2026
Original Price:
Previous Price:
  • Photo 1: 507 Queen Street in Toronto: Waterfront Communities C1 Commercial for sale (Toronto C01)  : MLS®# C12868702
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Listed by RE/MAX ULTIMATE REALTY INC.
Data was last updated March 11, 2026 at 03:15 AM (UTC)
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