942 Queen Street W
Trinity-Bellwoods
Toronto
M6J 1G8
$288,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C12373356
- Bus Major:
- Restaurant
- Photos (27)
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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.
- Percent of Building:
- 33
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- No
- Total Area:
- 1115 sq. ft. Square Feet
- Total Area:
- 1,115 sq. ft.104 m2
- Retail Area:
- 1115 sq. ft. Sq Ft
- Industrial Area:
- 0 sq. ft. Sq Ft
- Office/Apt Area:
- 0 sq. ft. Sq Ft
- Depth:
- 92'7"28.2 m
- Frontage:
- 18'10½"5.75 m
- Bathrooms:
- 4.0
- Water supply:
- Municipal
- Zoning:
- CR, CR3(c1 ;r2.5*1551)
- Heating type:
- Electric Hot Water
- Garage:
- None
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- TMI
- Taxes:
- $0 / 2025
- Assessment:
- $- / -
- Toronto C01
- Trinity-Bellwoods
- Toronto
- Public Transit
- Partial
- Dishwasher and Glasswasher machine
- 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
- None
- No
- Utilities:
- Available
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- Yes
- Condo Fee:
- $0
- Expenses Actual/Estimated:
- Estimated
- Year Expenses:
- 2025
- Business/Building Name:
- Fonda Lola Mexican Bistro
- Major Business Type:
- Restaurant
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- M-F 5-10, Sat 12-1030, Sun 12-9 (hours vary seasonally)
- Employees:
- 10
- Chattels:
- Yes
- LLBO:
- Yes
- Seats:
- 40
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Listed by ROYAL LEPAGE CONNECT REALTY
Data was last updated September 2, 2025 at 10:15 PM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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