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Active

$160,000

720 Spadina Ave

Toronto C01, ON M5S 2T9

720 Spadina Ave, Toronto C01Listed at $160,000 Sale Of Business. MLS® C13577532.

1,543Sq Ft
Fast Food/Takeout
Sale Of Business

Description

Well-established Pita Land franchise operating since 2014 on the main floor of a 17-storey residential tower directly opposite Spadina TTC Station - one of Toronto's busiest transit interchange points connecting Line 1 Yonge-University, Line 2 Bloor-Danforth, and the 510 Spadina streetcar. Steps from the University of Toronto St. George campus, the Royal Ontario Museum, and Bloor Street's dense commercial and residential corridor.1,543 sq ft with 20+ dine-in seats plus a licensed patio - rare outdoor dining space in one of Toronto's highest foot-traffic neighbourhoods. All-inclusive rent of $7,750/month covering all utilities and TMI. Lease secured until January 2030 plus a 5-year renewal option providing exceptional long-term stability for an incoming buyer.Captive customer base from hundreds of tower residents above, combined with thousands of daily TTC commuters, U of T students, faculty, and Annex professionals passing the front door. Key neighbours include Metro, Second Cup, Tim Hortons, Miles Nadal JCC, Scotiabank, and RBC. Uber Eats, DoorDash, and SkipTheDishes fully integrated.

Property Details

Property TypeSale Of Business
CommunityUniversity
Dir/Cross StSpadina Ave & Bloor St
Garage TypeNone
Heating TypeGas Forced Air Closed
A/CYes
HSTNot Subject to HST
Listed Date7/17/2026
Days on Market19 days

Business Details

Property Sub-TypeSale Of Business
Business TypeFast Food/Takeout
Property UseWithout Property
Occupant TypeTenant
Hours of Operation11-12
FranchiseYes
Chattels IncludedYes
Seating Capacity20
Full-Time Employees2
Financial StatementsNot Available
Showing RequirementsShowing System
Possession TypeFlexible
Listing Expires10/17/2026

Commercial Space & Financials

Retail Area1,543 Sq Ft
Same-day showings available
5.0Rated 5 stars on Google ReviewsWhatsApp Us About This Listing

Property Insights

Listing Courtesy of: EXP REALTY

MLS® #C13577532

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 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
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