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Est. payment - /mo

4 Baths

Active

942 Queen ST W Toronto C01, ON M6J 1G8

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Chaudhry Nadeem

nadeem@gta.realestate +1(416) 907-4533

UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Municipality Toronto C01

Subdivision Trinity-Bellwoods

MLS Listing ID C12373356

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

Fonda Lola Turnkey Mexican Bistro with Patios in Prime Queen West An exceptional opportunity to own a thriving, fully licensed restaurant in the heart of one of Toronto's trendiest neighborhoods. Offering 1,115 sq ft of interior space with seating for 40guests inside, plus a beautifully landscaped rear patio with capacity for 40 guests. During the summer, take advantage of Cafe TO additional 20 seats, bringing total capacity to 100.Liquor License (LLBO): 40 interior / 40 patio/20 Cafe TO Full Commercial Kitchen New 5-Year Lease in place until July 2030Net Rent: $6,500/month + TMI. Very favorable renewal terms in lease. Fully equipped basement with 4 washrooms, an office, and ample storage Fonda Lola is a well-loved casual bistro known for its vibrant atmosphere, sustainable ingredients, and fresh, locally sourced Mexican cuisine and cocktails. This is a rare turnkey opportunity in a high-traffic, high-visibility location. Perfect for a chef-driven concept or experienced operator looking to capitalize on a vibrant, loyal local clientele and a strong seasonal patio presence.

Location

Province ON

County Toronto

Community Toronto C01

Area Toronto

Zoning CR, CR3(c1 ;r2.5*1551)

Interior

Cooling Yes

Inclusions 3 comp sink, Dish washer machine (rented) Grease trap Two racks 1 chest freezer, Two glass door standing fridge with light TRUE, 1 deep fryer, 1 6 burner stove with double oven GARLAND, 1 gas grill 16'' WELLS, 1 kitchen hood 8ft, 1 fire suppression system, 2 hot tables WINCO, 1 double door low boy fridge, 1 double door pizza/salad fridge (top lift), 2 stainless steel tables, 1 commercial blender, Heat lamp, 3 chest freezer, 1 bar fridge with glass sliding doors, 2 standing fridges Metallic racks Glass washing machine (rental), Bar fridge 3 glass sliding doors, Ice machine Espresso machine Coffee grinder Hand sink Racks, Back bar rack with LED lights, POS system -- TOAST, Wine fridge Desk and chair Printer and scanner Racks, Marble tables, Chairs, Plates, Glasses Wine glasses, Cocktail glasses Cutlery fo

Exterior

Community Features Public Transit

Utilities Available Available

Lot Frontage 18.88

Lot Depth 92.56

Others

Security Features Partial

ParcelsYN No

Virtual Tour https://youtu.be/ENuvwUjdZi4

Listed by REMAX CONNECT REALTY

TEAM MEMBER

Chaudhry Nadeem +1(416) 907-4533 nadeem@gta.realestate

942 Queen ST W Toronto C01, ON M6J 1G8

Chaudhry Nadeem

Key Details

Location

Interior

Exterior

Others

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