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CAONTorontoSouth Eglinton383 Eglinton Ave E
Listing image | Image 1

383 Eglinton Ave E, Toronto, ON

House

For Sale

Listed price in listed location currency (CAD).
$230,000

000

MLS® C13527936

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Other
Taxes $21,000
Days Active 0
Lot Size 
Approx. Age 
MLS® Number C13527936

Property Address: 383 Eglinton Ave E, Toronto, ON, M4P1M5

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional opportunity to own a well-established Gabby's Franchise Pub & Restaurant in one of Toronto's busiest locations at Eglinton Avenue East & Mount Pleasant Road. Successfully operating for over 35 years, this profitable licensed restaurant enjoys a loyal customer base, strong neighborhood presence, and excellent visibility in a high-traffic commercial area. Weekly sales are approximately $15, 000 (as per Seller), with over 70% of revenue generated from liquor sales, producing an impressive 75%+ gross profit margin on liquor. Very affordable occupancy costs with rent and TMI totaling only $4, 484 per month. The business also includes a large one-bedroom apartment upstairs, currently rented for $2, 000 per month, providing valuable additional income and helping offset operating expenses. Long-term lease in place until October 2030, plus one additional 5-year renewal option, offering long-term security. Fully LLBO licensed with 41 indoor seats and a 35-seat licensed outdoor patio, making it ideal for year-round dining and seasonal patio service. Operating hours are Monday to Friday from 3:00 PM to 2:00 AM and Saturday & Sunday from 12:00 Noon to 2:00 AM. Low flat franchise royalty and advertising fees. Online ordering is available through Uber Eats, DoorDash, and Gabby's online ordering platform, providing multiple revenue streams. Excellent opportunity for an owner-operator, family business, investor, or experienced restaurateur looking to acquire a profitable Toronto restaurant with stable cash flow and significant growth potential. Plenty of opportunities to increase sales through expanded marketing, catering, special events, sports nights, entertainment, and extended food promotions. Turnkey operation, repeat clientele, trained staff, and strong comm Rare chance to acquire a successful licensed pub and restaurant franchise in a premium Midtown Toronto location with low overhead, additional rental income, excellent liquor margins, and long-term lease security.
MLS® NumberC13527936
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageOther
Approx. Age
Basement
DrivewayGarage Type:Other
Garage Spaces
HeatGas Forced Air Closed
A/CYes

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jul 6, 2026List Date
$230,000List Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
00/00/0000List Date
$XXX,XXXList Price
00/00/0000End Date
$XXX,XXXSold Price
Top Secret
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$XXX,XXXList Price
  • Commute

Commute

Starting Address
Destination Address
383 Eglinton Ave E, Toronto, ON

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