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35 McCaul Street
Kensington-Chinatown Toronto M5T 1V7

$449,000 /For Sale
Commercial

Main Photo: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 1: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 2: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 3: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 4: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 5: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 6: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 7: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 8: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 9: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 10: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 11: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 12: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 13: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 14: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 15: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 16: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 17: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 18: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 19: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 20: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 21: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 22: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 23: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 24: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 25: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Photo 26: 35 McCaul Street in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12191108
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12191108
Bus Major:
Cafe
Turnkey Café-Bar in Prime Downtown Toronto ~ Located between Queen West and Dundas West, this established 1,741 sq ft café-bar benefits from exceptional pedestrian and vehicle traffic. Surrounded by OCAD University, the Art Gallery of Ontario, and the Bay Street Corridor, it draws a steady mix of professionals, creatives, students, and remote workers. Prema Coffee Co. is a place for professionals to step out of the office and relax on a well-deserved break with a superior café experience featuring nutritious, delectable food and premium coffee. It's an ideal spot for connecting with colleagues or clients in a comfortable, inspiring space to expand on business conversations. The flexible layout also lends itself to hosting networking events, group instruction, or private gatherings.With a strong reputation for quality, eco-conscious design, and an inviting ambiance, this turnkey business offers both consistent cash flow and untapped potential. Operations are streamlined with a Square POS system, in-house AI automations for training and customer service, and professionally documented standard operating procedures for daily operations ~ perfect for smooth ownership transition. All licenses (liquor, business, music) are current and transferrable, and the business is fully compliant. The current lease has 4 years remaining plus a 5-year renewal option. Growth opportunities include expanding the bar and wine program, hosting midweek events (comedy nights, DJs), and diversifying dessert and beverage offerings (e.g., smoothies, ice cream, cakes).An exceptional opportunity to own a thriving café-bar in one of Torontos most dynamic cultural hubs.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Retail Area:
1741 sq. ft. Sq Ft
Depth:
0'
Frontage:
0'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
N/A
Taxes:
$0 / 2024
Assessment:
$- / -
Toronto C01
Kensington-Chinatown
Toronto
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Business/Building Name:
PREMA COFFEE CO.
Major Business Type:
Cafe
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
M-W (9am-7pm);Th (9am-9pm); Fri (9am-12am); Sat (11am-12am); Sun (11am-9pm)
Employees:
8
Chattels:
Yes
LLBO:
Yes
Seats:
80
Date Listed:
Jun 03, 2025
Original Price:
Previous Price:
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Listed by COLDWELL BANKER THE REAL ESTATE CENTRE
Data was last updated June 6, 2025 at 04:15 AM (UTC)
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