Sale Of Business sold at 283 College Street, Toronto, Ontario, M5T 1R9 - University - MLS: C12269674

new
for sale
for lease
sold
leased
terminated
expired
suspended

283 College Street

Toronto, Ontario, M5T 1R9 - University

$149,000

Neighbourhood

University
Major Intersection

College & Spadina

Listed Since: 301 day(s)
Last update: 216 day(s) ago

Overview

Property Type

Sale Of Business, Without Property
Bedrooms

n/a
Bathrooms

2
Basement

Y
Kitchen

n/a
Total Parking

1
Lot Size

16.02x115.23 (Feet)
Taxes

n/a
Type

Commercial

Property Description

Property description for 283 College Street, Toronto

Charming restaurant in the heart of downtowns busy College & Spadina corridor. This corner location has excellent street presence and consistent foot traffic day and night. This new space has already reached profitability in under a year. A rare find for an owner-operator or investor looking for a turnkey opportunity in a high-demand neighbourhood. Well maintained and easy to manage, this is a tightly run operation that functions with minimal staff. Ideal setup for bubble tea, dessert, coffee, or pizza slice shop. The full basement offers ample storage space and added functionality for back-of-house needs. Please do not go direct or speak to staff. $5,900 gross rent including TMI, with 4 + 5 years remaining on the lease. Seating for 30, with two washrooms and one parking space included. No demolition clause and no usage restrictions. 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 Toronto's busiest and most walkable neighbourhoods. Surrounded by U of T, Kensington Market, Chinatown, and dozens of destination dining and nightlife spots, this address draws steady business from students, residents, professionals, and tourists alike. The unit includes a full basement, signage options with excellent visibility, and a versatile layout that allows for flexible design and concept conversion. A perfect fit for a hands-off operator or brand looking to expand into a proven, high-foot-traffic pocket of the downtown core.

Listed by ROYAL LEPAGE SIGNATURE REALTY

Property details

MLS #

C12269674
Sq. Ft

1000
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Outside/Surface
Total Parking

1
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

None
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Closd
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

San+Storm
Central Vac

n/a

MLS #

C12269674
Sq. Ft

1000
Sq. Ft. Source

MLS
Lot Irregularities

Y
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Outside/Surface
Total Parking

1
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

None
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Closd
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

San+Storm
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 283 College Street, Toronto

This property has been sold 12 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Mortgage Calculator

This data is for informational purposes only.

Mortgage Payment per month
Principal Amount	Interest
Total Payable	Amortization

Property Price

Amortization

Rate of Interest

Down Payment ($)

Down Payment (%)

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total