283 College Street
Kensington-Chinatown
Toronto
M5T 1R9
$149,000 /For Sale
Commercial
- Status:
- Active
- Prop. Type:
- Commercial
- MLS® Num:
- C12564666
- Bus Major:
- Cafe
- Photos (19)
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Prime restaurant in the College & Spadina corridor, offering standout visibility and constant foot traffic from morning to late night. Surrounded by U of T, Kensington Market, Chinatown, and dense residential, this location delivers reliable volume from students, locals, professionals, and tourists. The space is fully built-out, profitable, and easy to operate with a lean team. Ideal for bubble tea, dessert, coffee, grab-and-go, or a simple quick-service concept. Seating for 30, two washrooms, one parking space, and a full basement providing excellent storage and back-of-house utility. Gross rent is $5,900 including TMI, with 4 + 5 years remaining on the lease. No demolition clause and no usage restrictions. Efficient layout, strong signage presence, and a turnkey setup suited for both hands-on and hands-off operators. A rare opportunity to secure a proven downtown location with minimal operational friction.
- Property Type:
- Commercial
- Property Sub Type:
- Sale Of Business
- Freestanding:
- No
- Total Area:
- 1067 sq. ft. Square Feet
- Total Area:
- 1,067 sq. ft.99.1 m2
- Retail Area:
- 100 sq. ft. %
- Lot Depth:
- 115'2¾"35.1 m
- Lot Frontage:
- 16'¼"4.88 m
- Water supply:
- Municipal
- Zoning:
- Commercial Retail
- Heating type:
- Gas Forced Air Closed
- Garage:
- Outside/Surface
- Possession Details:
- Flexible
- HST Applicable To Sale Price:
- Included In
- Type Taxes:
- N/A
- Taxes:
- $0 / 2025
- Assessment:
- $- / -
- Toronto
- Toronto C01
- Kensington-Chinatown
- No
- None
- No
- Utilities:
- Available
- Sewers:
- Sanitary+Storm
- Air Conditioning:
- Yes
- Seller Property Info Statement:
- No
- Financial Statements:
- No
- Expenses Actual/Estimated:
- Estimated
- Major Business Type:
- Cafe
- Category:
- Without Property
- Franchise:
- No
- Days Open:
- Open 7 Days
- Hours Open:
- N/A
- Employees:
- 2
- Chattels:
- Yes
- LLBO:
- No
- Seats:
- 1
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Listed by ROYAL LEPAGE YOUR COMMUNITY REALTY
Data was last updated November 22, 2025 at 06:15 AM (UTC)
- CAMILO GAMEZ
- THE AGENCY [2484 BLOOR ST WEST #19 TORONTO, ONTARIO M6S1R4]
- 1 (416) 3991106
- Contact by Email
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