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Murat Sahiner, Broker | Home6 Team at RE/MAX Realtron Realty Inc., Brokerage | 88 Konrad Crescent, Markham, ON L3R 8T7

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398 College Street W Toronto C01
For SalePrice DropUniversity

398 College Street W Toronto C01, Sale Of Business for Sale

MLS® C13489228

University, Toronto, ON

134 days on market
$189,000
Previously $259,000
Show on Map
Show on Map
N/ABeds
N/ABaths
1,150Sqft
N/AParking
Sale Of Business

Overview· 398 College Street W Toronto

MLS® #C13489228

Prime Location on Vibrant College Street! Excellent opportunity to own a thriving restaurant business in one of Toronto's busiest commercial corridors. Located in a high-traffic area with exceptional pedestrian and vehicle exposure, this beautifully renovated space is currently operating as a successful Vietnamese Banh Mi and Pho restaurant with consistent income and a loyal clientele. Featuring almost-new chattels and equipment, updated mechanical systems, and significant potential for future growth and increased revenue. The prominent corner location offers outstanding visibility and is ideal for a wide range of retail or restaurant concepts. Approximately 1,150 sq. ft. on the main/ground level with two washrooms, plus an additional 1,200 sq. ft. on the lower level, providing ample space for operations, storage, or expansion. Conveniently situated near the University of Toronto, Kensington Market, Little Italy, and numerous condominium developments, benefiting from strong residential and student traffic. Easily adaptable to virtually any cuisine, restaurant concept, or franchise operation. A rare opportunity to establish or expand your business in a highly desirable downtown Toronto

Inclusions

Ice Machine, Stand Proofer, 2 Cold Prep tables, Deep fry, Griddle, Stove with 10 burners, Soup Stove with 2 burners, 1 hot table(as it), Drink Display Cooler, BBQ Grill, 1 Walk-in cooler and 1 walk-in freezer, 5 TVs.

Broker

HOMELIFE KINGSVIEW REAL ESTATE INC.

Neighbourhood

University

Walk 92Avg $1.7M
Area guide

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Walk Score®100Walker's ParadiseWalker's Paradise
Transit Score®97Rider's ParadiseRider's Paradise
Bike Score®96Biker's ParadiseBiker's Paradise
Schools10034 schools within 1.5 km · nearest 149 m34 schools within 1.5 km · nearest 149 m
Parks8410 parks within 1 km · nearest 151 m10 parks within 1 km · nearest 151 m
Convenience9243 groceries, cafes and pharmacies within 1 km · nearest 170 m43 groceries, cafes and pharmacies within 1 km · nearest 170 m
Safety2Safer than 2% of Toronto neighbourhoods (2025)University: 3,992 incidents per 100,000 residents in 2025, across all crime types, ranked against 158 Toronto neighbourhoods. Toronto counts resident population only, so business and entertainment districts rank worse than residents experience. Source: Toronto Police Services.

Highlights & Amenities· 398 College Street W Toronto

Source: MLS® listing data
398 College Street W Toronto

Sale Of Business

398 College Street W Toronto

University

Type

Sale Of Business

Parking

Street

Property Tax

~$0/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

1150 sqft

Parking

Street

Finances

List Price

$189,000

Price per SQFT

$164/sqft

Property Tax

~$0/yr

Property Specs

Property Type

Sale Of Business

MLS Size

1150 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

University

Listed On

Jun 25, 2026

Price & Listing History

Days on Market

Current: 134 days

0306090120+

Rooms

Room information is not available for this listing.

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Nearby Schools

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Mortgage Calculator

Mortgage Summary

Mortgage Payment$760/mo
Total Monthly$760

Monthly Cash Flow (investors)

$
Net Cash FlowN/A

Closing Costs

Estimated closing costs$0
Cash required incl. down payment$0