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$139,900
Ontario,Toronto (Kensington-Chinatown)
For Sale Active
382 SPADINA AVENUE, Toronto (Kensington-Chinatown), Ontario M5T2G5
  • 1,000 Sqft
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Basic Details
Description

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. (id:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: C14161452
  • Price: $139,900
  • Square Footage: 1,000 Sqft
  • Status: Active
  • Office Name: BAY STREET GROUP INC.
  • Property Sub Type: Business
  • Office Key: 280684
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Toronto (Kensington-Chinatown), M5T2G5
  • Street: Spadina
  • Street Number: 382
  • Street Suffix: Avenue
  • Longitude: W80° 36' 2.3''
  • Latitude: N43° 39' 19.1''
Additional Information
  • Water Source:
  • Business Type: Restaurant
Financial
  • Tax Annual Amount: 1
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Listing updated: 2026-11-08 20:11:38
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Listing Information
  • List Agent Key: 2180609
  • List Office Key: 280684
  • Modification Timestamp: 2026-11-08T22:35:15Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-11-08T22:29:31Z
Powered by REALTOR.ca
Listing updated: 2026-11-08 20:11:38
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