Description
Terrific opportunity to purchase this successful & well established turn key licensed pizzeria restaurant with an appetizing menu in business for over 28 years. Within a short walk to the St. Lawrence Market & The St. Lawrence Community Recreation Centre & across the street from the doggy park & is within minutes of The Gardner & the Waterfront. With a licensed dining room/bar for Approx. 38 patron’s and a licensed covered patio for Approx. 30 patron’s. High traffic high density location with well over 1500 new luxury condo units just completed in a master planned community at Time & Space by The Pemberton Group within immediate proximity of the restaurant. Terrific lease in place with the city (Co-Operative Lease) 5 years with no issues renewing regularly with very little to no increases. Sellers have spent approx. 80k on chattels and renovations in past couple of years. ****This Restaurant Was The Proud Recipient Of The 2024 Restaurant Guru Award**** Known Locally By Many For Their Famous Pizza
View full listing detailsListing Details
| Price: | $249,000 CAD |
|---|---|
| Address: | 164 The Esplanade Avenue |
| City: | Toronto |
| State: | Ontario |
| Zip Code: | M5A 4H2 |
| MLS: | C12957762 |
| Square Feet: | 1,300 |
| Bathrooms: | 2 |
| rail: | No |
|---|---|
| cooling: | Yes |
| lotType: | Building |
| taxType: | N/A |
| taxYear: | 2026 |
| heatType: | Gas Forced Air Open |
| mlsStatus: | New |
| utilities: | Available |
| basementYN: | no |
| chattelsYN: | yes |
| cityRegion: | Waterfront Communities C8 |
| directions: | The Esplanade & Frederick St. |
| garageType: | None |
| retailArea: | 1300 |
| franchiseYN: | no |
| propertyUse: | Without Property |
| businessType: | Restaurant |
| elevatorType: | None |
| lotSizeUnits: | Feet |
| contractStatus: | Available |
| freestandingYN: | no |
| hstApplication: | In Addition To |
| possessionType: | Flexible |
| retailAreaCode: | Sq Ft |
| washroomsType1: | 2 |
| seatingCapacity: | 68 |
| transactionType: | For Sale |
| buildingAreaUnits: | Square Feet |
| possessionDetails: | TBA |
| numberOfFullTimeEmployees: | 10 |
| financialStatementAvailableYN: | yes |
Photos
Listing courtesy of CENTURY 21 PERCY FULTON LTD..
Listing data ©2026 PropTx. Information deemed reliable but not guaranteed by PropTx. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Data last updated: Saturday, April 4th, 2026?06:37:59 PM.
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