382 Spadina Avenue
Kensington-Chinatown
Toronto
M5T 2G5
$139,900 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C14161452
- Bus Major:
- Restaurant
- Photos (3)
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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.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Total Area:
- 1000 sq. ft. Square Feet
- Total Area:
- 1,000 sq. ft.92.9 m2
- Retail Area:
- 1200 sq. ft. Sq Ft
- Lot Depth:
- 0'0 m
- Lot Frontage:
- 0'0 m
- Water supply:
- Municipal
- Zoning:
- Commercial
- Heating type:
- Gas Forced Air Closed
- Garage:
- Outside/Surface
- HST Applicable To Sale Price:
- In Addition To
- Type Taxes:
- Annual
- Taxes:
- $1 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto C01
- Kensington-Chinatown
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Major Business Type:
- Restaurant
- Category:
- Without Property
- Franchise:
- No
- Hours Open:
- 10
- Employees:
- 4
- Chattels:
- Yes
- LLBO:
- Yes
- Seats:
- 26
Larger map options:
Listed by BAY STREET GROUP INC.
Data was last updated November 9, 2026 at 06:15 PM (UTC)
- JDL Realty
- JDL REALTY INC., BROKERAGE
- 905-731-2266
- Contact by Email
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