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.
Address
942 Queen Street W
List Price
$288,000
MLS® Status
New
Expiration Date
2026-07-31
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
For Sale
Area
Toronto C01
Sub-Area
Trinity-Bellwoods
Region
Toronto
Bathrooms
4
Lot Size Source
MPAC
Lot Depth
92.56
Lot Type
Lot
Lot Size Units
Feet
Lot Width
18.88
Parcel Number
212750126
Total Building Area
1115
Occupant Type
Owner
Cross Street
Shaw St.
MLS® Number
C12373356
Listing Brokerage
ROYAL LEPAGE CONNECT REALTY
Basement
Yes
Postal Code
M6J 1G8
Tax Year
2025
Community Features
Public Transit
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Electric Hot Water
Cooling Features
Yes
Garage Type
None
Security Features
Partial
Business Name
Fonda Lola Mexican Bistro