Charming restaurant in the heart of downtowns busy College & Spadina corridor. This cornerlocation has excellent street presence and consistent foot traffic day and night. This newspace has already reached profitability in under a year. A rare find for an owner-operator orinvestor looking for a turnkey opportunity in a high-demand neighbourhood. Well maintained andeasy to manage, this is a tightly run operation that functions with minimal staff. Ideal setupfor bubble tea, dessert, coffee, or pizza slice shop. The full basement offers ample storagespace and added functionality for back-of-house needs. Please do not go direct or speak tostaff. $5,900 gross rent including TMI, with 4 + 5 years remaining on the lease. Seating for30, with two washrooms and one parking space included. No demolition clause and no usagerestrictions. Fully built-out and profitable unit that requires very little hands-on oversight.Located at the intersection of College and Spadina, this is one of Torontos busiest and mostwalkable neighbourhoods. Surrounded by U of T, Kensington Market, Chinatown, and dozens ofdestination dining and nightlife spots, this address draws steady business from students,residents, professionals, and tourists alike. The unit includes a full basement, signageoptions with excellent visibility, and a versatile layout that allows for flexible design andconcept conversion. A perfect fit for a hands-off operator or brand looking to expand into aproven, high-foot-traffic pocket of the downtown core.
Address
283 College Street
List Price
$199,000
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
sale
Area
Toronto C01
Sub-Area
University
Region
Toronto
Bathrooms
2
Lot Size Source
GeoWarehouse
Lot Depth
115.23
Lot Shape
Irregular
Lot Type
Lot
Lot Size Units
Feet
Lot Width
16.02
MLS® Number
C12269674
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Postal Code
M5T 1R9
Tax Year
2024
Community Features
Public Transit, Recreation/Community Centre
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Outside/Surface
Security Features
Yes
Sewer
Sanitary+Storm
