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382 Spadina Avenue
Kensington-Chinatown Toronto M5T 2G5

$139,900 /For Sale
Commercial

Main Photo: 382 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C14161452
Photo 1: 382 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C14161452
Photo 2: 382 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C14161452
Photo 3: 382 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C14161452
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C14161452
Bus Major:
Restaurant
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.
Retail Area:
1200 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
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
Date Listed:
Nov 08, 2026
Original Price:
Previous Price:
  • Photo 1: 382 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C14161452
    Photo 1 of 3
  • Photo 2: 382 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C14161452
    Photo 2 of 3
  • Photo 3: 382 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01)  : MLS®# C14161452
    Photo 3 of 3
Listed by BAY STREET GROUP INC.
Data was last updated November 9, 2026 at 06:15 PM (UTC)
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