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For saleMLS® W14009146

1318 King Street W, Toronto, ON M6K 1G8

South Parkdale · W01 · M6K 1G8

$99,000

$115 / sq ft

3 weeks on market

Bathrooms
2
Total area
860 sf
Lot
241.77 × 110.62 ft

What's special

  • Yes

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About this property

Pharmacy Bar is a fantastic licensed bar and restaurant opportunity in Toronto's highly sought-after King Street West area, one of the city's premier dining, nightlife, and entertainment destinations. This intimate 860 Sq Ft space offers seating for 40 guests inside plus another 20 on the patio and is perfectly suited for a busy neighbourhood bar or hospitality concept. The premises feature 200-amp power, a commercial freezer, and an established patio that adds substantial seating during the warmer months. The compact and efficient footprint is ideal for a cocktail bar, wine bar, lounge, restaurant, or other licensed concept looking to establish itself in this exciting Toronto market. Excellent leaserate of just $5,505 with 1 + 5 + 5 years available, providing attractive overhead and excellent long-term potential. A rare opportunity to secure a turnkey licensed bar with a patio in the heart of Toronto's King West area. Please do not go direct or speak to staff or ownership.

Property details

Property

Property type
business
Bathrooms
2
Interior size
860 sq ft
Lot size
241.77 × 110.62 ft
Zoning
Business Commercial
Possession
TBD

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Sewer
Sanitary+Storm

Costs

List price
$99,000
Price per sq ft
$115

Listing

MLS® number
W14009146
Status
For sale
Listed
October 13, 2026
Days on market
23
Last updated
October 13, 2026
Listing brokerage
ROYAL LEPAGE SIGNATURE REALTY

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 13% of comparable business for sale listings in South Parkdale are asking less.

$92KMedian $176K$294K

Based on 8 comparable active business for sale listings in South Parkdale. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $4,950
$4,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$520.02
Estimated monthly
$520

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$715
Toronto municipal
$715
Total due on closing
$1,430

An estimate on the asking price of $99,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$99,000

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Comparable sales nearby

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Similar properties nearby

1318 King Street W, Toronto, ON M6K 1G8 For Sale — $99,000