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    For Sale - 382 Spadina Avenue, Toronto, Ontario

    Est payment $672/mo
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    Time on Jump  3 day

    AI Summary *

    • Restaurant space in downtown Chinatown near Kensington Market, universities, hospitals, and streetcar service.
    • About 1,200 sq. ft. across the main floor and full basement.
    • Existing dine-in, takeout, and delivery layout with a commercial kitchen and exhaust hood.
    • Walk-in cooler and freezer, plus lower-level prep and storage space.
    • Lease runs through 2031, with a five-year renewal option.




    Prime turnkey restaurant opportunity on spadina ave near dundas st w, right where downtown toronto's chinatown meets kensington market! Surrounded by u of t, ocad, major hospitals, and steps to the 510 spadina streetcar with non-stop year-round foot traffic. Approx. 1,200 sq. Ft. Across the main floor and full basement, featuring an existing dine-in and high-volume takeout/delivery layout, full commercial kitchen with exhaust hood system, walk-in cooler/freezer, and spacious lower-level prep and storage area. Currently operating as a popular chinese bbq concept and easily adaptable to noodles, hotpot/malatang, ramen, korean/japanese, or other food concepts. Rare long-term lease security: current lease runs until june 14, 2031 plus one 5-year renewal option (to 2036). Attractive downtown rent at $6,500/month base rent + approx. $2,500/month tmi ($9,000/month + hst). Asking $139,900 for business and equipment only. Inventory is extra and valued at closing. Do not approach staff directly.
    Listing IDC14161452
    Address382 Spadina Avenue
    CityToronto, Ontario
    Price$139,900
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Closed

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    Listing Brokerage: BAY STREET GROUP INC.

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    382 Spadina Avenue
    Toronto , Ontario
    $139,900
    Get more info