For Sale

283 College Street, Toronto C01, Ontario M5T 1R9

$149,000

283 College Street, Toronto C01, Ontario M5T 1R9 is For Sale and has a listing price of 149,000. The property is located in the Kensington neighbourhood . It's been on the website for 117 Days.

  • Sale Of Business
    Property Type
  • 2
    Bathrooms
  • MLS ID: C12269674
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

Charming restaurant in the heart of downtowns busy College & Spadina corridor. This corner location has excellent street presence and consistent foot traffic day and night. This new space has already reached profitability in under a year. A rare find for an owner-operator or investor looking for a turnkey opportunity in a high-demand neighbourhood. Well maintained and easy to manage, this is a tightly run operation that functions with minimal staff. Ideal setup for bubble tea, dessert, coffee, or pizza slice shop. The full basement offers ample storage space and added functionality for back-of-house needs. Please do not go direct or speak to staff. $5,900 gross rent including TMI, with 4 + 5 years remaining on the lease. Seating for 30, with two washrooms and one parking space included. No demolition clause and no usage restrictions. 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 Toronto’s busiest and most walkable neighbourhoods. Surrounded by U of T, Kensington Market, Chinatown, and dozens of destination dining and nightlife spots, this address draws steady business from students, residents, professionals, and tourists alike. The unit includes a full basement, signage options with excellent visibility, and a versatile layout that allows for flexible design and concept conversion. A perfect fit for a hands-off operator or brand looking to expand into a proven, high-foot-traffic pocket of the downtown core.

Property Details
  • Property Type: Commercial
  • Listing Type: For Sale
  • Listing ID: C12269674
  • Price: $149,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 115.23
  • Ref ID: C12269674
  • Dir / Cross St: College & Spadina
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
07/08/2025 C12269674 $199,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Kensington
  • $1,333,008 Average List Price
    based on 1 year
  • 8 New Listings
    based on 30 days
  • 14 Median Days on Market
    based on 1 year
  • List vs. Selling Price 2.53 % Up
  • Sold (12mo) 9
  • Rented (12mo) 31

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
  • 99 Walk Score
    Walker's Paradise
  • 99 Transit Score
    Rider's Paradise
  • 100 Bike Score
    Biker's Paradise
Additional Details
  • Heat Type Y
  • Washroom Type1: 2
  • Garage Type Outside/surface
  • Parking Spaces: 1
  • Taxes: N/A
  • Last Status Y
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 08/07/2025 13:21:27
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