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372 Queen Street W
Kensington-Chinatown Toronto M5V 2A2

$699,000 /For Sale
Commercial

Main Photo: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 1: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 2: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 3: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 4: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 5: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 6: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 7: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 8: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 9: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 10: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 11: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 12: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 13: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 14: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 15: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 16: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Photo 17: 372 Queen Street W in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C12761090
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12761090
Bus Major:
Fast Food/Takeout
A popular A&W franchise is available at the extremely busy intersection of Queen and Spadina on Toronto's vibrant Queen West. This multi-level location offers excellent exposure on the sunny north side of Queen Street, directly next to the iconic Horseshoe Tavern. The area is known forits high foot traffic, trendy neighbourhood vibe, and steady customer base, making it an ideal location for both locals and visitors. The restaurant totals 2,400 sq ft across two levels,with seating for 24 indoors and an additional 12 on the patio. The space features a customer franchise kitchen and buildout designed for efficient operations. With well-established sales and a strong presence in this prime location, the business offers a proven model for continued success. The lease is $15,929 gross rent including TMI, with 2 + 5 years remaining, providing long-term stability for the next owner. Franchisor royalties are 3.5% plus 3%, and the location benefits from its proximity to the new Subway station, enhancing accessibility for both staff and customers. This is a rare opportunity to acquire a thriving A&W franchise. Please do not go direct or speak to staff.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Total Area:
1200 sq. ft. Square Feet
Total Area:
1,200 sq. ft.
Retail Area:
1200 sq. ft. Sq Ft
Lot Depth:
179'11"
Lot Frontage:
59'6¼"
Lot Shape:
Rectangular
Bathrooms:
4.0
Water supply:
Municipal
Zoning:
Business Commercial
Heating type:
Gas Forced Air Closed
Survey Available:
No
Garage:
Reserved/Assignd
Parking Spaces:
2
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
TMI
Taxes:
$0 / 2025
Assessment:
$- / -
Toronto
Toronto C01
Kensington-Chinatown
Yes
None
No
No
Amperage:
200
Volts:
600
Utilities:
Available
Sewers:
Sanitary+Storm
Air Conditioning:
Yes
Seller Property Info Statement:
No
Physically Handicapped-Equipped:
Yes
Financial Statements:
Yes
Major Business Type:
Fast Food/Takeout
Category:
Without Property
Franchise:
Yes
Days Open:
Open 7 Days
Hours Open:
24Hrs
Employees:
16
Chattels:
Yes
LLBO:
No
Outside Storage:
No
Seats:
36
Date Listed:
Feb 05, 2026
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Listed by ROYAL LEPAGE SIGNATURE REALTY
Data was last updated February 5, 2026 at 08:15 PM (UTC)
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