22 Ontario Street, Milton, ON L9T 2M6
$399,000
$399,000
MLS®#:
W12736698
Property Type:
Sale Of Business
Property Style:
Area:
Halton
Community:
1035 - OM Old Milton
Taxes:
$0 / 2026
Added:
January 28 2026
Lot Frontage:
0
Lot Depth:
0
Status:
Active
Outside:
Year Built:
Brokerage:
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Intersection:
Ontario St & Main St
Rooms:
Bedrooms:
Bathrooms:
Fireplace:
Utilities
Water:
Municipal
Cooling:
Yes
Heating Type:
Gas Forced Air Closed
Heating Fuel:

Listing Details

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.

* As per List of Chattels & Equipment *

Insights

  1. Fully Equipped Restaurant Space: The property comes with essential kitchen equipment, including wood-burning pizza ovens and a Rational oven, allowing for a seamless transition for new operators with minimal downtime.
  2. Prime Location: Situated at a busy intersection in Milton's downtown core, the property benefits from high visibility and foot traffic, making it an attractive spot for diners.
  3. Long-Term Lease with Renewal Options: The existing lease runs until 2032 with two additional 5-year renewal options, providing stability and security for potential investors or buyers.

Neighborhood Overview

Complete neighborhood profile for 22 Ontario Street

1035 - OM Old Milton home prices

Average sold price for Detached, Semi-Detached, Condo, Townhomes in 1035 - OM Old Milton
* Data is provided courtesy of TRREB (Toronto Regional Real-estate Board)