490 Queen Street West
History
MLS®# C12645370
| 2025.12.20 | New | $349,000 |
Other Records
| 2026.03.30 - 2026.03.30 | New | $250,000 |
| 2025.06.09 - 2025.10.15 MLS®# C12208381 | Expired | $4,580,000 |
| 2025.05.20 - 2025.05.20 | New | $349,000 |
| 2025.02.12 - 2025.04.02 MLS®# C11881071 | Expired | $4,399,000 |
| 2024.12.02 - 2024.12.02 MLS®# C9044853 | Terminated | |
| 2023.06.07 - 2023.06.07 MLS®# C6041513 | Terminated | |
| 2021.05.02 - 2021.05.02 MLS®# C5103955 | Terminated | |
| 2021.01.01 - 2021.01.01 MLS®# C4866136 | Terminated |
Details
- MLS®#
- copy
- Type
- Other
- Lot Size
- 17.91 × 104.5 Feet
- Parking
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0 Total Parking Spaces
0 Other Garage
0 Parking Spaces
- Last Update
- 2025-12-21
- Possession Date
- TBA
- Listing Date
- 2025-12-20
- Air Conditioning
- Yes
- Broker
- CENTURY 21 NEW CONCEPT
About
***Prime Queen West Opportunity - Turnkey Bar & Restaurant with Liquor License*** An exceptional opportunity to own a fully licensed, well-established bar and restaurant in one of Toronto's most vibrant and high-traffic neighborhoods-Queen West. This turnkey business is surrounded by dense residential and commercial developments, ensuring steady foot traffic year-round. Highlights: Fully renovated and thoughtfully designed to accommodate virtually any restaurant or bar concept. Features over $200,000 in recent upgrades, including like-new equipment and a flexible, modern layout. A garage-style glass door opens during the spring, summer, and fall, creating a bright, airy atmosphere filled with natural light, fresh air, and a lively connection to the street. Perfect for a variety of concepts, including private events, themed nights, or corporate reservations. Chef's kitchen featuring a 14-ft commercial hood vent, fire suppression system, walk-in cooler and freezer, multiple refrigerators, and a fully equipped secondary prep kitchen. Full high and dry basement offering ample additional storage-ideal for use as a prep kitchen, office, or extra workspace. Eligible for a Street Patio, adding seasonal curb appeal and seating capacity. Fully Integrated POS with tablets and delivery platforms (SkipTheDishes, Uber Eats, DoorDash) Ideal for dine-in, takeout, or delivery operations. Prime Location, surrounded by residential and commercial activity, with nearby subway and streetcar access. Lease Details: $14,300/month (including TMI & HST) Brand-new 5+5 lease from May 2026 No operational restrictions - Suitable for any cuisine, concept, or franchise. Perfect for owner-operators, family-run businesses, or brand expansions. Please do not go direct or speak to staff.
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The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
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The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.
Investment Analysis
Schools
Elementary (JK-G8)
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Ryerson Community School 395 mFraser Rank(2018) 2588 / 3052 English
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Gifted
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St. Mary Catholic School 440 mFraser Rank(2018) 2026 / 3052 Catholic English French
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Fraser Rank(2018) 161 / 3052 Catholic English
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Fraser Rank(2018) 2364 / 3037 Catholic English
Secondary (G9-G12)
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Harbord Collegiate Institute 1.8 kmFraser Rank(2023) 142 / 747 Secondary English
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Northern Secondary School 305.8 kmFraser Rank(2023) 478 / 747 Secondary English Gifted
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YMCA Academy, The 2.1 kmSecondary
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Polaris Learning Centre 6.7 kmSecondary
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Aristotele's Credit School 7.6 kmSecondary
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St. Michael’s Choir 2 kmFraser Rank(2023) 1 / 747 Secondary Catholic English
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St. Joseph's College School 2.1 kmFraser Rank(2023) 178 / 747 Secondary Catholic English
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St. Mary Catholic Academy 2.8 kmFraser Rank(2023) 559 / 747 Secondary Catholic English
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La Cité collégiale - La Cité à Toronto 208 m555, rue Richmond Ouest, bureau 301, Toronto, Ontario, M5V 3B1
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Ontario College of Art & Design - 956 m100 McCaul St, Toronto, ON M5T 1W1(416)977-6000
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The Michener Institute - 1.2 km222 St. Patrick Street, Toronto, Ontario Canada M5T 1V4(416)596-3101
Neighbourhood
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Union Station Go Train Line:Milton Go Train Line:Lakeshore East Go Train Line:Lakeshore West Go Train Line:Stouffville Go Train Line:Richmond Hill Go Train Line:Kitchener Go Train Line:Barrie 1.8 km
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Galleria Supermarket 2.1 km351 Bloor St W, Toronto, ON M5S 1W7
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Galleria Supermarket 2.3 km558 Yonge St, Toronto, ON M4Y 1Y9
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T&T Supermarket 4 km222 Cherry Street, Toronto, ON. M5A 3L2
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