Salehian.com 647-325-5000

550 Queens Quay W 12

Waterfront Communities C1, Toronto, M5V 3M8

$99,000

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Listed 38 days ago · MLS® C13775644

About this home

his is an excellent opportunity in an unbeatable location.Taking over a well -established and turn key newly built out restaurant on Queens Quay Harbour Front Area. This Location Surrounded With Luxury Condos, Offices, Waterfront, Tourist Area . This 1050 square foot restaurant sits at the base of a 12 storey, 245 condos building. With a liquor license of 24 seats inside, To be sure to have established and new customers whether they're locals or tourists to the area .The kitchen is equipped with plenty of fridge space, storage, and top line equipment to accommodate your cuisine of choice. With a long lease term in place at incredibly low rent. this Bright, Welcoming & Functionally Laid Out restaurant With High Volume Walking Traffic. Modern & Spacious Sitting Area . This Unit Has It All,Excellent Opportunity To Take Over, Easy To Run. Just Renovated, very attractive Neighbourhood. Amazing Opportunity To Start Your Own Business With Minimal Cost.Endless Potential For Growth And Catering, High Traffic Flow. Consistent year around tourism. Expected increased tourism driven by upcoming FIFA WORLD CUP to the city .Steps to BILLY BISHOP AIRPOR.

Details

Type
Sale Of Business
Garage
None
Property tax
$11,880 (2025)
Neighbourhood
Waterfront Communities C1
Municipality
Toronto C01

Heating, cooling and services

Heating
Gas Forced Air Closed
Air conditioning
Yes

Building and exterior

Building area
1,050 Square Feet

More

Possession
TBA
Cross street
Queens Quay W & Dan Leckie Way
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

  • 🚇 St. Andrew Subway1.5 km
  • 🚇 Union Subway1.6 km
  • 🚆 Toronto Union Station GO1.5 km

Within a 10-minute walk: 9 grocery stores, 111 cafés and restaurants, 26 parks, 11 pharmacies. Nearest grocery: Loblaws (250 m). Nearest park: Toronto Music Garden (150 m).

Schools nearby

Elementary

  • The Waterfront School
    EQAO: Gr 6 reading 93%, math 71%    3 min walk
  • Bishop Macdonell Catholic Elementary School Catholic
    EQAO: Gr 6 reading 97%, math 64%    4 min walk
  • Jean Lumb Public School
    EQAO: Gr 6 reading 93%, math 65%    5 min walk
  • ALPHA Alternative Junior School15 min walk

Secondary

  • City School
    EQAO: literacy test 58%    2 min walk
  • Oasis Alternative Secondary School15 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 M5V

Owners / renters
42% / 58%
Median household income
$91,000
Average age
35
Children under 15
6%
Homes
0% detached, 97% high-rise
Commute by transit
23%
Population
59,912

Languages spoken most at home besides English: Mandarin 3.7%, Spanish 1.5%, Yue (Cantonese) 1%, Hindi 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 Harbourfront-CityPlace (2025): about the Toronto average, up 14% from the year before.

  • Assaultabout average
  • Break and enter25% below average
  • Auto theft75% below average
  • Robbery39% below average
  • Theft from vehicles42% below average
  • Shootingsabout 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 7 active

  • 10 LOWER SPADINA AVE · 450 m
    Site Plan · Under Review · applied 2024
    Site Plan Application for a 49-storey mixed use building (not including mechanical penthouse), containing approximately 128 square metres of non-residential…
    Application details
  • 10 LOWER SPADINA AVE · 450 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2024
    Zoning By-law Amendment application for a 49-storey mixed use building (not including mechanical penthouse), containing approximately 128 square metres of…
    Application details
  • 545 LAKE SHORE BLVD W · 200 m
    Plan of Condominium · Under Review · applied 2021
    *** Draft Plan of Condominium for 419 units.
    Application details
  • 545 LAKE SHORE BLVD W · 200 m
    Site Plan · NOAC Issued · applied 2021
    Block A contemplates a dedicated commercial development that maintains the heritage component of the existing building. An additional 2 storeys is proposed to…
    Application details
  • 545 LAKE SHORE BLVD W · 200 m
    Site Plan · NOAC Issued · applied 2021
    Application details
  • 470 R LAKE SHORE BLVD W · 200 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2021
    Zoning by-law amendment application to facilitate the development of 5,509 square metres of non-residential retail space located below the Gardiner Expressway.
    Application details

1 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): 2 km. Transit times · Driving times

Coming transit

  • 🚧 King West GO Transit900 m
  • 🚧 Chinatown 1.3 km
  • 🚧 Osgoode 1.7 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 1 source nearby

  • 🛣️ Gardiner Expressway100 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Trees

94 City street trees within 100 m, mostly ashes. That’s more 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 DESIRE MORE REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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