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$ 149,000
Est. payment /mo
Active
283 College ST Toronto C01, ON M5T 1R9
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Kensington-Chinatown
MLS Listing ID C12564666
Tax Year 2025
Property Sub-Type Sale Of Business
Lot Depth 115.23
Lot Front 16.02
Property Description
Prime restaurant in the College & Spadina corridor, offering standout visibility and constant foot traffic from morning to late night. Surrounded by U of T, Kensington Market, Chinatown, and dense residential, this location delivers reliable volume from students, locals, professionals, and tourists. The space is fully built-out, profitable, and easy to operate with a lean team. Ideal for bubble tea, dessert, coffee, grab-and-go, or a simple quick-service concept. Seating for 30, two washrooms, one parking space, and a full basement providing excellent storage and back-of-house utility. Gross rent is $5,900 including TMI, with 4 + 5 years remaining on the lease. No demolition clause and no usage restrictions. Efficient layout, strong signage presence, and a turnkey setup suited for both hands-on and hands-off operators. A rare opportunity to secure a proven downtown location with minimal operational friction.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Available
Lot Frontage 16.02
Lot Depth 115.23
Others
Security Features No
ParcelsYN No
Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
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