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Sale Of Business for sale at 249 Victoria Street, Toronto C08, 2 bathroom - Photo 1 of 1
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$3,900,000

249 Victoria St

Toronto C08, ON M5B 1T8

249 Victoria St, Toronto C08 — Listed at $3,900,000, 2 bathroom Sale Of Business. MLS® C13864016.

Possession · seller's timeline

Immediate

2Baths
100%
Restaurant
Sale Of Business
$36,000Taxes/yr · 2025

Description

The Senator Restaurant, a renowned iconic Toronto dining institution, is being offered for sale along with its freehold property at 249 Victoria Street. Located steps from Yonge-Dundas Square, Massey Hall, and the Elgin & Winter Garden Theatres, this landmark opportunity combines a well-established brand within a prime downtown location. The main floor dining room retains its booths, back bar, and period fixtures. The renovated second floor features a 24-seat French bistro with an antique stand-up bar, marble tables, and its own pastry and prep kitchen. The strength of The Senator's brand offers significant potential for an operator seeking to expand through modern digital marketing and delivery channels. Chattels are included as per schedule.

Property Details

Property TypeSale Of Business
CommunityChurch-Yonge Corridor
Washrooms2
Lot Size1,981 sq ft
Lot Dimensions15.5 ft frontage
Lot Size Area1,980.56 sqft
Dir/Cross StVictoria St. & Dundas St.
Garage TypeOutside/Surface
Heating TypeGas Forced Air Open
A/CYes
Taxes (2025)$36,000
HSTIn Addition To
SecurityYes
Listed Date10/5/2026
Days on Market19 days
PossessionImmediate

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWith Property
Occupant TypeOwner+Tenant
Hours of OperationDinner: Tues-Sat 5PM - 8PM, Brunch: Sat & Sun - 9:30 AM - 2:00PM
FranchiseNo
Chattels IncludedYes
Seating Capacity24
Full-Time Employees20
Financial StatementsNot Available
Showing RequirementsList Salesperson
Possession TypeImmediate
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area100 %
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: COLLIERS

MLS® #C13864016

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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HouseIndex Take: 249 Victoria Street

This sale of business is located in the Church-Yonge Corridor neighbourhood of Toronto.

The home offers 2 bathrooms.

Listed at $3,900,000 CAD with annual property taxes of $36,000 (2025).

About Toronto Real Estate

This Sale Of Business is located in the Church-Yonge Corridor 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
View full Toronto neighbourhood guide →