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$ 199,999
Est. payment /mo
Price Dropped by $50K
398 Spadina AVE #1 Toronto (kensington-chinatown), ON M5T2G5
597 SqFt
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 597 sqft
Price per Sqft $335
Subdivision Kensington-Chinatown
MLS® Listing ID C9379223
Originating Board Toronto Regional Real Estate Board
Property Description
A Rare Opportunity to own a Popular Caf near the University of Toronto, with prime access to Kensignton Market & Chinatown via streetcar. This well-established coffee shop operates 9-5pm, six days a week, generating ~$30K monthly, with significant growth potential through extended hours, plus more menu offerings. Reowned for its excellent reviews and appeal to both students and tourists, the location includes a ~1000sqft basement ideal for storage or food production, the ability to expand food and pastry offerings, and the potential to add a large patio on a bustling walking street. Additionally, the landlord is open to full mural on the side wall, maximizing signage, visibility and adding a landmark to the area. This is a turnkey location with ample room to grow - perfect for an ambitious operator. **** EXTRAS **** Seller will provide training. Sale includes equipment and assets only; brand name not included. Buyer is free to launch their own cafe concept. (id:24570)
Location
Province ON
Interior
Heating Forced air
Cooling Fully air conditioned
Exterior
Garage No
Waterfront No
View Y/N No
Total Parking Spaces 2
Private Pool No
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