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$239,000

Unit 1st & 2nd Floor - 318 Spadina Ave

Toronto C01, ON M5T 2E7

Unit 1st & 2nd Floor - 318 Spadina Ave, Toronto C01 — Listed at $239,000 Sale Of Business. MLS® C13579860.

1,500Sq Ft
Restaurant
Sale Of Business
$2,400Taxes/yr · 2026
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Description

Excellent 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 Details

Property TypeSale Of Business
CommunityKensington-Chinatown
Dir/Cross StSpadina/ Dundas
Garage TypeOutside/Surface
Heating TypeGas Forced Air Closed
A/CYes
Taxes (2026)$2,400
HSTNot Subject to HST
Listed Date7/18/2026
Days on Market118 days
PossessionTBA

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Business NameShi Miao Dao Yunnan Rice Noodle
Property UseWithout Property
Occupant TypeTenant
Hours of Operation10:30-22
FranchiseNo
Chattels IncludedYes
Seating Capacity50
Full-Time Employees5
Financial StatementsNot Available
Showing RequirementsGo Direct
Possession TypeFlexible
Listing Expires12/31/2026

Commercial Space & Financials

Retail Area1,500 Sq Ft

This Listing Is No Longer Active

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Listing Courtesy of: BAY STREET GROUP INC.

MLS® #C13579860

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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About Toronto Real Estate

This Sale Of Business is located in the Kensington-Chinatown community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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