Proudly Canadian
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 1 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 2 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 3 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 4 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 5 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 6 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 7 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 8 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 9 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 10 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 11 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 12 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 13 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 14 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 15 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 16 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 17 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 18 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 19 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 20 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 21 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 22 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 23 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 24 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 25 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 26 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 27 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 28 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 29 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 30 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 31 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 32 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 33 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 34 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 35 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 36 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 37 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 38 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 39 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 40 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 41 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 42 of 43
Sale Of Business for sale at 656 Spadina Avenue, Toronto C01 - Photo 43 of 43
1 / 4340 locked
Active

$99,000

656 Spadina Ave

Toronto C01, ON M5S 2H7

656 Spadina Ave, Toronto C01Listed at $99,000 Sale Of Business. MLS® C13158638.

900Sq Ft
Restaurant
Sale Of Business

Description

Shakes N Shawarma presents an outstanding opportunity to acquire a fully equipped turn-key restaurant business in one of downtown Toronto's busiest and most recognized commercial corridors. Positioned directly across from the University of Toronto, this highly visible location benefits from exceptional pedestrian and vehicular exposure, steady daily customer traffic, and strong surrounding density from residential, educational, retail, and professional communities. The area attracts a diverse customer base including university students, faculty members, healthcare professionals, office workers, tourists, local residents, rideshare drivers, and delivery traffic throughout the day and evening. Surrounded by Kensington Market, Chinatown, The Annex, Harbord Village, hospitals, office buildings, student housing, condominiums, cafés, banks, grocery stores, pharmacies, bookstores, and entertainment venues, the business benefits from constant activity and year-round demand. The premises are fully equipped for hot and cold food preparation and are suitable for a wide variety of concepts including shawarma, Middle Eastern cuisine, sandwiches, burgers, Indian, Italian, Chinese, bakery, café, dessert, smoothie, juice, salad bar, bubble tea, takeout, or franchise operations. The spacious second-floor dining area offers additional seating capacity and includes two washrooms, creating flexibility for dine-in, takeout, and delivery-focused models.Additional features include potential for a summer courtyard patio, partial garage and basement storage space, efficient operational layout, strong signage exposure, and one dedicated rear parking space. Excellent TTC connectivity and nearby streetcar routes further enhance accessibility for customers and staff.This is a rare opportunity for owner-operators, investors, or expanding restaurant groups seeking a proven high-demand downtown Toronto location with strong long-term growth potential, excellent surrounding demographics.

Business Details

Property Sub-TypeSale Of Business
Business TypeRestaurant
Property UseWithout Property
Occupant TypeOwner+Tenant
Hours of Operation10am to 11pm
FranchiseNo
Chattels IncludedYes
Seating Capacity15
Full-Time Employees4
Financial StatementsNot Available
Showing RequirementsGo Direct, List Brokerage
Possession TypeImmediate
Listing Expires5/13/2027

Commercial Space & Financials

Retail Area900 Sq Ft

Property Details

Property TypeSale Of Business
CommunityUniversity
Lot Dimensions12.67 × 105 ft
Dir/Cross StSpadina Ave/Harbord St
Garage TypeNone
Heating TypeElectric Forced Air
A/CYes
HSTIn Addition To
Listed Date5/21/2026
Days on Market57 days
PossessionIMM

Schedule a Tour

MLS® Verified · Same-day showings available

Same-day showings available
WhatsApp Us About This Listing

Property Insights

Listing Courtesy of: HOMELINK REALTY LTD.

MLS® #C13158638

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.

Thinking about living in Toronto?

Explore the neighbourhood guide for Toronto — market trends, popular areas, buyer tips, and more.

About Toronto Real Estate

This Sale Of Business is located in the University 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
View full Toronto neighbourhood guide →