ON > Toronto C01 > University
Toronto C01, ON M5T 1R9,283 College ST
Toronto C01, ON M5T 1R9,283 College ST
Toronto C01, ON M5T 1R9,283 College ST
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$199,000
Est. payment /mo
2 Baths
1,000 SqFt
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UPDATED:

Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,000 sqft

Price per Sqft $199

Subdivision University

MLS Listing ID C12269674

Tax Year 2024

Property Sub-Type Sale Of Business

Property Description

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.

Location

Province ON

County Toronto

Community University

Area Toronto

Zoning Business Commercial

Interior

Cooling Yes

Exterior

Parking Features Outside/Surface

Community Features Public Transit, Recreation/Community Centre

Utilities Available Available

Building

Lot Description Lot

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Lited by ROYAL LEPAGE SIGNATURE REALTY
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More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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