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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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338 Spadina Avenue Toronto C01
For SaleKensington-Chinatown

338 Spadina Avenue Toronto C01, Sale Of Business for Sale

MLS® C13750992

Kensington-Chinatown, Toronto, ON

60 days on market
$199,000
Show on Map
Show on Map
N/ABeds
N/ABaths
2,000Sqft
N/AParking
Sale Of Business

Overview· 338 Spadina Avenue Toronto

MLS® #C13750992

Excellent Opportunity to Own a Well-Established Restaurant in Chinatown! Prime high-traffic location with excellent exposure and a large outdoor billboard sign. This long-established Chinese restaurant has been successfully operating for approximately 30 years and enjoys a loyal customer base. Fully equipped commercial kitchen suitable for a variety of cuisines, featuring a walk-in cooler and freezer, plus a basement for additional storage. 77 Seats LLBO licensed. Seller is retiring and willing to provide training to ensure a smooth transition. A rare opportunity to take over a proven restaurant business in a highly visible location with excellent potential for continued growth!

Inclusions

All Chattel And Equipment Are Included. Rent $11,525/ Monthly (Include Tmi , Hst). 4.5 Years Remaining Lease Term And Another 5 Years Renewable.

Broker

BAY STREET GROUP INC.

Neighbourhood

Kensington-Chinatown

Walk 100Avg $974KArea guide

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Walk Score®100Walker's ParadiseWalker's Paradise
Transit Score®97Rider's ParadiseRider's Paradise
Bike Score®100Biker's ParadiseBiker's Paradise
Schools10036 schools within 1.5 km · nearest 187 m36 schools within 1.5 km · nearest 187 m
Parks8111 parks within 1 km · nearest 160 m11 parks within 1 km · nearest 160 m
Convenience8736 groceries, cafes and pharmacies within 1 km · nearest 91 m36 groceries, cafes and pharmacies within 1 km · nearest 91 m
Safety1Safer than 1% of Toronto neighbourhoods (2025)Kensington-Chinatown: 4,254 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· 338 Spadina Avenue Toronto

Source: MLS® listing data
338 Spadina Avenue Toronto

Sale Of Business

338 Spadina Avenue Toronto

Kensington-Chinatown

Type

Sale Of Business

Parking

Public

Property Tax

~$16,800/yr

Heating

Gas Forced Air Closed

Buying Essentials

Square Feet

2000 sqft

Parking

Public

Finances

List Price

$199,000

Price per SQFT

$99.5/sqft

Property Tax

~$16,800/yr

Property Specs

Property Type

Sale Of Business

MLS Size

2000 sqft

Living & Amenities

Heating Type

Gas Forced Air Closed

Policies & Utilities

Neighbourhood

Kensington-Chinatown

Listed On

Sep 7, 2026

Price & Listing History

Days on Market

Current: 60 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$800/mo
Property Tax$1,400/mo
Total Monthly$2,200

Monthly Cash Flow (investors)

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Net Cash FlowN/A

Closing Costs

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