35 McCaul Street #110
Kensington-Chinatown, Toronto, M5T 1V7
$99,000
Reduced $50,900 from $149,900
Listed 109 days ago · MLS® C13512728
About this home
Turnkey Hospitality Venue | Café by Day, Lounge by Night. Exceptional opportunity to acquire a beautifully designed, fully licensed café & cocktail lounge in the heart of Downtown Toronto. Located steps from OCAD University, the Art Gallery of Ontario and Queen West, this premium 1,741 sq. ft. space features a custom copper bar, terrazzo flooring, exposed brick, premium equipment, transferable liquor/business/music licenses, and a strong lease. Designed for seamless day-to-night operations with multiple revenue streams. Ideal for a café, cocktail lounge, wine bar, espresso bar, dessert concept or boutique hospitality brand. Skip the costly build-out and open immediately. Flexible acquisition structure available: Purchase for $50,000 plus assumption of the existing CSBFP loan (subject to lender approval).
Details
- Type
- Sale Of Business
- Lot
- 87.37 × 121.79 ft
- Garage
- None
- Neighbourhood
- Kensington-Chinatown
- Municipality
- Toronto C01
Heating, cooling and services
- Heating
- Gas Forced Air Closed
- Air conditioning
- Yes
Building and exterior
- Building area
- 1,741 Square Feet
More
- Possession
- TBD
- Cross street
- McCaul & Queen St. W.
- Business type
- Restaurant
Location
Location is approximate. See nearby homes on the map
Recent sales nearby
See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.
The neighbourhood
Getting around Very walkable
- 🚇 Osgoode Subway5 min walk
- 🚇 St. Patrick Subway6 min walk
- 🚆 Toronto Union Station GO17 min walk
Within a 10-minute walk: 24 grocery stores, 615 cafés and restaurants, 22 parks, 26 pharmacies. Nearest grocery: No Frills (300 m). Nearest park: St. Patrick's Square (100 m).
Schools nearby
Elementary
- Ogden Junior Public School
EQAO: Gr 6 reading 77%, math 53%7 min walk - Cornerstone Preparatory School Private9 min walk
- Beverley School10 min walk
- Orde Street Public School
EQAO: Gr 6 reading 89%, math 64%13 min walk
Secondary
- Contact Alternative School4 min walk
- Heydon Park Secondary School
EQAO: Gr 9 math 8%9 min walk - Subway Academy II Private10 min walk
EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.
Closest schools, not school zones. Check which school serves this address with the school board before relying on it.
Who lives here postal area M5T
- Owners / renters
- 32% / 68%
- Median household income
- $61,600
- Average age
- 42
- Children under 15
- 7%
- Homes
- 1% detached, 56% high-rise
- Commute by transit
- 24%
- Population
- 17,903
Languages spoken most at home besides English: Mandarin 10.4%, Yue (Cantonese) 9.2%, Vietnamese 1.3%, Spanish 1%.
Flood and conservation No mapped hazard
Not inside a mapped flood plain or regulated area.
Screening maps only. Ask the conservation authority for a property inquiry before relying on this.
Safety
Major crime per resident in Kensington-Chinatown (2025): 126% above the Toronto average, down 13% from the year before.
- Assault163% above average
- Break and enter134% above average
- Auto theft47% below average
- Robbery146% above average
- Theft from vehicles302% above average
- Shootings169% above average
Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).
Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.
Development nearby 37 active
-
17 ST PATRICK ST · 100 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2026Proposed development for the Canada Life Campus include: Retention of the existing office buildings with minor alterations at 330 University Avenue, 180 Simcoe…Application details
-
160 JOHN ST · 250 mSite Plan · Application Received · applied 2026Proposed change of use from office to a hotel occupancy with ground floor modifications.Application details
-
50 STEPHANIE ST · 200 mOfficial Plan / Zoning By-law Amendment · Under Review · applied 2025Combined Official Plan & Zoning By-law Amendment for an 11-storey purpose-built rental residential building atop a 3-storey podium. The proposed development…Application details
-
276 KING ST W · 500 mOfficial Plan / Zoning By-law Amendment · Council Approved · applied 2025OPA and rezoning for amendments to modify the performance standards applicable to the mixed-use building to be located at 274-284 King Street West on the West…Application details
-
111 PETER ST · 450 mOfficial Plan / Zoning By-law Amendment · Council Approved · applied 2024Zoning By-law Amendment for a new 52-story residential tower atop of the existing 9-story office building with ground-floor retail. This design includes 852…Application details
-
111 PETER ST · 450 mSite Plan · Under Review · applied 2024Site Plan Approval for a new 52-story residential tower atop of the existing 9-story office building with ground-floor retail. This design includes 852…Application details
46 more within 500 m.
Rezoning, site plan, subdivision and condominium applications filed with the city.
Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.
Living here
Commute
To Union Station (downtown Toronto): 1 km. Transit times · Driving times
Coming transit
- 🚧 Osgoode 250 m
- 🚧 Chinatown 600 m
- 🚧 Queen 850 m
Stations under construction or approved. Opening dates are the latest public estimates and often move.
Noise Nothing major nearby
No highway within 500 m, rail line within 300 m, or airport flight path nearby.
Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.
What can be built CR
Commercial Residential (with a site-specific exception).
From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.
Trees
22 City street trees within 100 m, mostly maples. That’s fewer than the Toronto average of 42.
Trees on City boulevards only, not private yards or parks.
Internet High-speed
50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).
From the federal broadband map. Check exact speeds and providers for the address.
Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.
Listed by KELLER WILLIAMS REFERRED URBAN REALTY.
Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.
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