Rarely offered, fully fixtured restaurant space available in the heart of Milton at the busy intersection of Ontario Street and Main Street. Located just steps from Milton's downtown core, this plaza benefits from strong visibility and ample parking for dine-in customers.The space is approximately 3,200 square feet and is well equipped for a new operator to take over with minimal downtime. Existing improvements include wood-burning pizza ovens, a Rational oven, full exhaust hood, walk-in coolers, pylon signage, and an impressive main entrance. The premises also offers a liquor licence capacity of 140 seats. Gross rent is $6,392 per month, inclusive of TMI and HST. Lease in place until 2032 with 2 additional 5 year renewal options. Two subtenants are in place and must be assumed until November 2027. Please do not go direct or speak to staff. Your discretion is appreciated.
Address
22 Ontario Street
List Price
$399,000
MLS® Status
New
Expiration Date
2026-07-28
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Milton
Sub-Area
1035 - OM Old Milton
Region
Halton
Lot Type
Unit
Lot Size Units
Feet
Total Building Area
3200
Occupant Type
Tenant
Cross Street
Ontario St & Main St
MLS® Number
W12736698
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Basement
No
Postal Code
L9T 2M6
Posession Details
TBD
Tax Year
2026
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Plaza