For Sale

283 College Street, Toronto C01, Ontario M5T 1R9

$199,000

283 College Street, Toronto C01, Ontario M5T 1R9 is For Sale and has a listing price of 199,000. The property is located in the University neighbourhood . It's been on the website for 25 Days.

  • Sale Of Business
    Property Type
  • 2
    Bathrooms
  • MLS ID: C12269674
  • Office Name ROYAL LEPAGE SIGNATURE REALTY
Property Description

Charming restaurant in the heart of downtowns busy College & Spadina corridor. This cornerlocation has excellent street presence and consistent foot traffic day and night. This newspace has already reached profitability in under a year. A rare find for an owner-operator orinvestor looking for a turnkey opportunity in a high-demand neighbourhood. Well maintained andeasy to manage, this is a tightly run operation that functions with minimal staff. Ideal setupfor bubble tea, dessert, coffee, or pizza slice shop. The full basement offers ample storagespace and added functionality for back-of-house needs. Please do not go direct or speak tostaff. $5,900 gross rent including TMI, with 4 + 5 years remaining on the lease. Seating for30, with two washrooms and one parking space included. No demolition clause and no usagerestrictions. Fully built-out and profitable unit that requires very little hands-on oversight.Located at the intersection of College and Spadina, this is one of Torontos busiest and mostwalkable neighbourhoods. Surrounded by U of T, Kensington Market, Chinatown, and dozens ofdestination dining and nightlife spots, this address draws steady business from students,residents, professionals, and tourists alike. The unit includes a full basement, signageoptions with excellent visibility, and a versatile layout that allows for flexible design andconcept conversion. A perfect fit for a hands-off operator or brand looking to expand into aproven, high-foot-traffic pocket of the downtown core.

Property Details
  • MLS ID: C12269674
  • Bathrooms: 2
  • Price: $199,000
  • Lot Depth: 115.23
  • Transaction Types: For Sale
  • Ref ID: C12269674
  • Year Built: N/A
  • Dir / Cross St: College & Spadina
  • Status: Active
  • Tax Year: 2024
  • Property Type: Sale Of Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
07/08/2025 C12269674 $199,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
University
  • $621,223 Average List Price
    based on 1 year
  • 49 New Listings
    based on 30 days
  • 46 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.76 % Up
  • Sold (12mo) 11
  • Rented (12mo) 119

  • 1 Month Change -100.0%
  • 3 Month Change -100.0%
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Y
  • Washroom Type1: 2
  • Garage Type Outside/surface
  • Parking Spaces: 1
  • Taxes: N/A
  • Last Status New
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: TBD
  • Listing Entry Date: 08/07/2025 13:21:27
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