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1st & 2nd Floor 318 Spadina Avenue in Toronto: Kensington-Chinatown Commercial for sale (Toronto C01) : MLS®# C13579860
1st & 2nd Floor 318 Spadina Avenue Toronto M5T 2E7 : Kensington-Chinatown
- $239,000 /For Sale
- Prop. Type:
- Commercial
- MLS® Num:
- C13579860
- Status:
- Active
- Bus Major:
- Restaurant
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Add a Note to ListingExcellent 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.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Total Area:
- 2500 sq. ft. Square Feet
- Total Area:
2,500 sq. ft.
- Retail Area:
- 1500 sq. ft. Sq Ft
- Office/Apt Area:
- 1000 sq. ft. Sq Ft
- Lot Depth:
- 0'
- Lot Frontage:
- 0'
- Water supply:
- Municipal
- Zoning:
- Commercial
- Heating type:
- Gas Forced Air Closed
- Garage:
- Outside/Surface
- Possession Details:
- TBA
- HST Applicable To Sale Price:
- Not Subject to HST
- Type Taxes:
- TMI
- Taxes:
- $1 / 2026
- Assessment:
- $- / -
- Toronto
- Toronto C01
- Kensington-Chinatown
- The second floor can be occupied or continue to sub-lease, currently generating $2,355/month in sublease income to help offset the gross rent of $12,883/month ( Include Tmi & Hst ). Lease Term Till August 31st, 2028 And Another 5 Years Renewable.
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Business/Building Name:
- Shi Miao Dao Yunnan Rice Noodle
- Major Business Type:
- Restaurant
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- 10:30-22
- Employees:
- 5
- Chattels:
- Yes
- LLBO:
- Yes
- Seats:
- 50
Listed by BAY STREET GROUP INC.
Data was last updated July 20, 2026 at 09:15 PM (UTC)
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