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MLS® C13579860
Kensington-Chinatown, Toronto, ON
Excellent Opportunity to Own a Busy Restaurant in Chinatown! Prime high-traffic location with excellent exposure and a large outdoor billboard sign. Features a fully equipped commercial kitchen suitable for all types of cuisines. Main floor restaurant plus a second-floor apartment with 3 rooms and a full basement. The second-floor rooms are currently rented, providing additional rental income. With LLBO license. Recently renovated with walk-in cooler & freezer and quality equipment throughout. Turnkey operation. Seller willing to provide training. Great opportunity for owner-operators or investors. The second floor can be owner-occupied or continue to be leased, currently generating $2,355/month in sublease income to help offset the gross rent. All Chattel And Equipment Are Included.
Inclusions
The second floor can be occupied or continue to sub-lease, currently generating $2,355/month in sublease income to help offset the gross rent of $13,447/month ( Include Tmi & Hst ). Lease Term Till August 31st, 2028 And Another 5 Years Renewable.
Broker
BAY STREET GROUP INC.
Neighbourhood
Kensington-Chinatown
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Sale Of Business
318 Spadina Avenue #1st & 2nd Floor Toronto
Kensington-Chinatown
Type
Sale Of Business
Parking
Outside/Surface
Property Tax
~$2,400/yr
Heating
Gas Forced Air Closed
Buying Essentials
Square Feet
2500 sqft
Parking
Outside/Surface
Finances
List Price
$239,000
Price per SQFT
$95.6/sqft
Property Tax
~$2,400/yr
Property Specs
Property Type
Sale Of Business
MLS Size
2500 sqft
Living & Amenities
Heating Type
Gas Forced Air Closed
Policies & Utilities
Neighbourhood
Kensington-Chinatown
Listed On
Jul 17, 2026
Days on Market
Current: 113 days
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