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-ofhouse 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.
Address
283 College Street
List Price
$149,000
MLS® Status
New
Expiration Date
2026-06-30
Property Type
Commercial
Type of Dwelling
Sale Of Business
Transaction Type
Sale
Area
Toronto C01
Sub-Area
Kensington-Chinatown
Region
Toronto
Lot Depth
115.23
Lot Type
Lot
Lot Size Units
Feet
Lot Width
16.02
Total Building Area
1067
Occupant Type
Owner
Cross Street
Spadina and College
MLS® Number
C12627640
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Basement
Yes
Postal Code
M5T 1R9
Posession Details
Flexible
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Gas Forced Air Closed
Cooling Features
Yes
Garage Type
Outside/Surface
Tax Legal Description
LT 2 PL 631 TORONTO; CITY OF TORONTO
Security Features
No
Sewer
Sanitary+Storm