$149,900
For sale: Other

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).
Sold data
Other homes in Toronto (Kensington-Chinatown) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.
The median sale price was $59,000.
Homes sold for about 9.1% below asking on average, so there was room to negotiate.
About 5% of sales closed above the list price.
Around 14% of sellers reduced their price before finding a buyer.
Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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