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$288,000
130 Days On Site

942 Queen Street W
Toronto, ON M6J 1G8

For Sale|Business|Active
0
Beds
4
Total Baths
1,115
SqFt
$258
/SqFt
County:
Toronto
942 Queen Street W942 Queen Street W942 Queen Street W942 Queen Street W
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Monthly Payment (Est.)

$1,314
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

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.

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Listing Snapshot
Price 
$288,000
Days On Site 
130 Days
Bedrooms 
N/A
Inside Area (SqFt) 
1,115 sqft
Total Baths 
4
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
1,674 Acres
Year Built 
N/A
MLS® Number 
C12373356
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
4 months agoListing updated with changes from the MLS®
4 months agoListing first seen on site
General Features
Cross Street 
Shaw St.
Property Sub Type 
Business
SqFt Total 
1115
Interior Features
Appliances 
Electric Water Heater
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Listing courtesy of ROYAL LEPAGE CONNECT REALTY

Listing information is provided by Participants of the Toronto Real Estate Board. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Copyright 2026, Toronto Real Estate Board
Last checked 2026-01-11 09:12 AM UTC

Neighborhood & Commute
Source: Walkscore
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