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318 Spadina Avenue 1st & 2nd Floor, Toronto, ON M5T 2E7

Toronto C01, ON

$239,000
MLS® #: C13579860
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Description

Excellent Opportunity to Own a Busy Restaurant in Chinatown! Prime high-traffic location with excellent exposure and a large outdoor billboard sign. Features a fully equipped commercial kitchen suitable for all types of cuisines. Main floor restaurant plus a second-floor apartment with 3 rooms and a full basement. The second-floor rooms are currently rented, providing additional rental income. With LLBO license. Recently renovated with walk-in cooler & freezer and quality equipment throughout. Turnkey operation. Seller willing to provide training. Great opportunity for owner-operators or investors. The second floor can be owner-occupied or continue to be leased, currently generating $2,355/month in sublease income to help offset the gross rent. All Chattel And Equipment Are Included.

Quick Details

BedsN/A
BathsN/A
TypeCommercial
Sq Ft0
Taxes$1
BOOK A SHOWING

Comprehensive Property Details

Basement Y N Yes
Building Area Total 2500
Building Area Units Square Feet
Business Name Shi Miao Dao Yunnan Rice Noodle
Chattels Y N Yes
City Region Kensington-Chinatown
Contract Status Available
County Or Parish Toronto
Cross Street Spadina/ Dundas
D D F Y N Yes
Directions Spadina/ Dundas
Expiration Date 2026-12-31
Financial Statement Available Y N No
Franchise Y N No
Garage Type Outside/Surface
Heat Type Gas Forced Air Closed
Hours Days Of Operation Description 10:30-22
Internet Address Display Y N Yes
Internet Entire Listing Display Y N Yes
List A O R Toronto Regional Real Estate Board
List Office Name BAY STREET GROUP INC.
List Price Unit For Sale
Lot Depth 0
Lot Size Units Feet
Lot Type Lot
Lot Width 0
Mls Status New
Number Of Full Time Employees 5
Occupant Type Tenant
Office Apartment Area 1000
Office Apartment Area Unit Sq Ft
Possession Details TBA
Possession Type Flexible
Postal Code M5T 2E7
Property Sub Type Sale Of Business
Property Use Without Property
Retail Area 1500
Retail Area Code Sq Ft
Seating Capacity 50
Standard Status Active
State Or Province ON
Street Name Spadina
Street Number 318
Street Suffix Avenue
Tax Type TMI
Tax Year 2026
Transaction Type For Sale
Unit Number 1st & 2nd Floor
Vendor Property Info Statement No