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MLS® C13158638
University, Toronto, ON
Shakes N Shawarma presents an outstanding opportunity to acquire a fully equipped turn-key restaurant business in one of downtown Toronto's busiest and most recognized commercial corridors. Positioned directly across from the University of Toronto, this highly visible location benefits from exceptional pedestrian and vehicular exposure, steady daily customer traffic, and strong surrounding density from residential, educational, retail, and professional communities. The area attracts a diverse customer base including university students, faculty members, healthcare professionals, office workers, tourists, local residents, rideshare drivers, and delivery traffic throughout the day and evening. Surrounded by Kensington Market, Chinatown, The Annex, Harbord Village, hospitals, office buildings, student housing, condominiums, cafés, banks, grocery stores, pharmacies, bookstores, and entertainment venues, the business benefits from constant activity and year-round demand. The premises are fully equipped for hot and cold food preparation and are suitable for a wide variety of concepts including shawarma, Middle Eastern cuisine, sandwiches, burgers, Indian, Italian, Chinese, bakery, café, dessert, smoothie, juice, salad bar, bubble tea, takeout, or franchise operations. The spacious second-floor dining area offers additional seating capacity and includes two washrooms, creating flexibility for dine-in, takeout, and delivery-focused models.Additional features include potential for a summer courtyard patio, partial garage and basement storage space, efficient operational layout, strong signage exposure, and one dedicated rear parking space. Excellent TTC connectivity and nearby streetcar routes further enhance accessibility for customers and staff.This is a rare opportunity for owner-operators, investors, or expanding restaurant groups seeking a proven high-demand downtown Toronto location with strong long-term growth potential, excellent surrounding demographics.
Inclusions
All Chattels and Fixtures included which is in Chattels List
Broker
HOMELINK REALTY LTD.
Neighbourhood
University
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Sale Of Business
656 Spadina Avenue Toronto
University
Type
Sale Of Business
Parking
None
Property Tax
~$0/yr
Heating
Electric Forced Air
Buying Essentials
Square Feet
950 sqft
Parking
None
Finances
List Price
$99,000
Price per SQFT
$104/sqft
Property Tax
~$0/yr
Property Specs
Property Type
Sale Of Business
MLS Size
950 sqft
Living & Amenities
Heating Type
Electric Forced Air
Policies & Utilities
Neighbourhood
University
Listed On
May 21, 2026
Days on Market
Current: 170 days
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