Turnkey restaurant opportunity in the heart of Toronto's highly coveted Well development. Approximately 400 square feet, fully renovated and ready for immediate operation. Equipped with a 10-foot full-size commercial exhaust hood, fridges and freezers, prep area, dedicated storage, and an efficient, low-overhead layout. This space is ideally suited for a wide range of concepts including quick-service restaurants, takeout and delivery-focused brands, specialty ethnic cuisines, dessert or cafe hybrids, and chef-driven concepts looking for a flagship or test location. The strong daytime population, residential density, office presence, and year-round tourism at The Well create multiple revenue streams beyond traditional dine-in. Offered with a brand new lease, providing long-term stability in one of Toronto's most active mixed-use destinations. An excellent opportunity for owner-operators, first-time restaurateurs, or established brands seeking a strategic Toronto presence. Floor plans available. Gross Rent of $14,441.24 including TMI & HST. Lease expires 2034 with 2 x 5 year renewal options.
Address
486 Front Street
List Price
$89,000
MLS® Status
New
Expiration Date
2026-07-18
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Waterfront Communities C1
Region
Toronto
Lot Type
Unit
Lot Size Units
Feet
Total Building Area
400
Occupant Type
Tenant
Cross Street
Front St & Spadina Ave
MLS® Number
C12904718
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Basement
No
Postal Code
M5V 0T1
Posession Details
IMMEDIATE
Tax Year
2026
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Open
Cooling Features
Yes
Garage Type
Other