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Inactive

$350,000

1116 Dundas St W

Toronto C01, ON M6J 2Y2

1116 Dundas St W, Toronto C01 — Listed at $350,000 Sale Of Business. MLS® C13086818.

1,750Sq Ft
Restaurant
Sale Of Business
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Description

Ready to go! Step into a vibrant, fine Afro-Continental dining destination at Dundas and Ossington. The space is custom built out with unique modern feature and technology. You got a beautiful bar and custom seating. Take advantage of this well known, attractive restaurant. The location is unbeatable with steps to the best intersection in Toronto for hip stores and restaurants. We are right next door to the historic Lakeview Diner. This is a turn-key opportunity! 68 seat capacity. LLBO licensed. Capacity increases in the summer with patio and street patio. Last year Gross Sales exceeded $2M! Buyer will need to sign a new lease with the landlord.

Property Details

Property TypeSale Of Business
CommunityTrinity-Bellwoods
Lot Dimensions19 × 115 ft
Dir/Cross StDundas St W / Ossington
Garage TypeNone
Heating TypeGas Forced Air Open
A/CYes
SewersSanitary
HSTIn Addition To
SecurityNo
Listed Date5/5/2026
Days on Market191 days
PossessionFLEXIBLE

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Business NameMild Afro Lounge
Property UseWithout Property
Occupant TypeOwner
Hours of Operation5PM - 3AM
FranchiseNo
Chattels IncludedYes
Seating Capacity68
Full-Time Employees15
Financial StatementsAvailable
Showing RequirementsSee Brokerage Remarks
Possession Type30-59 days
Listing Expires7/31/2026

Commercial Space & Financials

Retail Area1,750 Sq Ft

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Listing Courtesy of: CENTURY 21 HERITAGE GROUP LTD.

MLS® #C13086818

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Trinity-Bellwoods community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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