New Listing
$139,900
( $139.90Per Sq Foot )
 $751 est/mo Sourced by Back At You

382 Spadina Avenue,Toronto (Kensington-Chinatown), ON M5T2G5

Toronto (Kensington-Chinatown), ON M5T2G5

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Description

Prime Turnkey Restaurant Opportunity on Spadina Ave near Dundas St W, right where Downtown Toronto's Chinatown meets Kensington Market! Surrounded by U of T, OCAD, major hospitals, and steps to the 510 Spadina streetcar with non-stop year-round foot traffic. Approx. 1,200 sq. ft. across the main floor and full basement, featuring an existing dine-in and high-volume takeout/delivery layout, full commercial kitchen with exhaust hood system, walk-in cooler/freezer, and spacious lower-level prep and storage area. Currently operating as a popular Chinese BBQ concept and easily adaptable to noodles, hotpot/malatang, ramen, Korean/Japanese, or other food concepts. Rare long-term lease security: current lease runs until June 14, 2031 plus one 5-year renewal option (to 2036). Attractive downtown rent at $6,500/month Base Rent + approx. $2,500/month TMI ($9,000/month + HST). Asking $139,900 for business and equipment only. Inventory is extra and valued at closing. Do not approach staff directly. (id:13843)

Details

MLS #C14161452
Listing TypeFor Sale
StatusActive
Days On Site5
Listing Provided ByBAY STREET GROUP INC. | Jay Zhao

Features

SQ Feet1,000
ZoningCommercial

Interior

CoolingFully air conditioned
HeatingForced air, Natural gas
Fireplace Yes / NoNo

Utilities

Water SourceMunicipal water

Taxes

Tax Annual Amount1

Area Information

ProvinceON
CityToronto (Kensington-Chinatown)
Postal CodeM5T2G5
Listing VS Median (in M5T2G5)
Price:
$139,900
low | high
Med:
$139,900
50% of Average
sqft:
1,000
low | high
Med:
1,000
50% of Average
$ / sqft:
$140
low | high
Med:
$140
50% of Average
On site:
5
low | high
Med:
5
100% of Average
Sourced by Back At You

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Learn More About This Property

Victoria Jodoin

Victoria Jodoin REALTOR®

Sutton Group - Masters Realty Inc., Brokerage

REALTOR® (613) 328-4708vjodoin@sutton.com
ProvinceON
CityToronto (Kensington-Chinatown)
Postal CodeM5T2G5
Listing VS Median (in M5T2G5)
Price:
$139,900
low | high
Med:
$139,900
50% of Average
sqft:
1,000
low | high
Med:
1,000
50% of Average
$ / sqft:
$140
low | high
Med:
$140
50% of Average
On site:
5
low | high
Med:
5
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $104K - $174K
sqft: 750 - 1,000
Nearby Listings Property ImageNearby Listings Details
296 - 284-296 MARKHAM ROAD Property Photo 1
$109,999
296 - 284-296 Markham Road
Toronto (scarborough Village), ON M1J3C5
Listing Updated: November 8, 2026 at 2:59:25 PM PST

Victoria Jodoin, REALTOR®

101-705 Arlington Park Pl.
Kingston, ON K7M7E4
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Victoria Jodoin REALTOR®  |  
Sutton Group - Masters Realty Inc Brokerage - Kingston - 101-705 Arlington Park Pl., Kingston, ON K7M7E4

The information is being provided by CREA. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 CREA. All Rights Reserved.
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