01-398 Spadina Avenue, Toronto | Image 1

01-398 Spadina Avenue

Toronto, Kensington-Chinatown

  • Commercial

$199,999
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Cafe

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: C9379223

  • Days on Site: 21 Days

  • Added: Oct 02, 2024 (1 month ago)

  • Updated:

  • Last Checked: 7 hours ago

  • Listed By: RIGHT AT HOME REALTY

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.

Property

  • Status: Sale

  • Type: Cafe

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Kensington-Chinatown

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Building

  • Basement: Y

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: None

  • Covered Parking Spaces: 2

Fees

  • Tax Year: 2024

  • Taxes Type: N/A

Land

  • Cross Street: Spadina Ave & Nassau

  • Municipality District: Toronto C01

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 4

  • Retail Area: 597

  • Retail Area Metric: Sq Ft

  • Total Area: 597

  • Total Area Metric: Sq Ft

  • Hours Open: 10-530p

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 8

  • Business/Building Name: Ninetails Coffee

  • Financial Statement: N

  • LLBO: N

Map of 01-398 Spadina Avenue, Toronto
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