3
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$130,000
Est. payment /mo
597 SqFt
Price Dropped by $50K
398 Spadina AVE #1 Toronto C01, ON M5T 2G5
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UPDATED:
01/04/2025 04:07 PM
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 597 sqft
Price per Sqft $217
MLS Listing ID C9379223
Tax Year 2024
Property Description
A Rare Opportunity to own a Popular Caf near the University of Toronto, with prime access to Kensignton Market & Chinatown via streetcar. This well-established coffee shop operates 9-5pm, six days a week, generating ~$30K monthly, with significant growth potential through extended hours, plus more menu offerings. Reowned for its excellent reviews and appeal to both students and tourists, the location includes a ~1000sqft basement ideal for storage or food production, the ability to expand food and pastry offerings, and the potential to add a large patio on a bustling walking street. Additionally, the landlord is open to full mural on the side wall, maximizing signage, visibility and adding a landmark to the area. This is a turnkey location with ample room to grow - perfect for an ambitious operator.
Location
Province ON
County Toronto
Community Kensington-Chinatown
Area Toronto
Region Kensington-Chinatown
City Region Kensington-Chinatown
Interior
Cooling Yes
Exterior
Garage Spaces 2.0
Listed by RIGHT AT HOME REALTY