249 Victoria Street, Toronto C08

$3,900,000
249 Victoria Street

$3,900,000

New
18d
Investment

249 Victoria Street, Toronto C08

Total Monthly Obligation $19,107

Beds
0
Baths
0
Park
0
DOM
18d
Property Type-Investment
MLS® Number-C13863930
Beds-0
Lot Size-1980.56 SquareFeet
Listed on site-Oct 5, 2026
Building Type-Investment
Taxes-$36,000 (2025)
Parking-Outside/Surface
Heating-Gas Forced Air Open
Brokerage-COLLIERS
Cooling-Yes
Fireplace-No
Pool-None
Sewer-Sanitary+Storm
Possession-Immediate
Neighbourhood-Church-Yonge Corridor
Title-Commercial

No agent assigned

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.

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Closing Costs

Mortgage Amount
$3,120,000
Land Transfer Taxes$83,975
Legal Fees (Est.)
$
Total cash required for closing$865,475

Total Monthly Obligation

$19,107/mo
Mortgage $15,732
Monthly Loss $14,967
Principal$4,140
Interest$11,592
Property Tax$3,000
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 249 Victoria Street

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