318 Spadina Avenue, Unit 1st & 2nd Floor, Toronto, ON
GTA Transit & Commute from this Address
Realistic rush-hour travel times from 318 Spadina Avenue
TTC Subway & GO Transit network: 10–25 min to Financial Core
Gardiner, DVP & 401: 5–12 min drive
Billy Bishop (YTZ): 10–15 min | Pearson (YYZ): 25 min
Property Highlights
Welcome to this remarkable sale of business located in the coveted neighborhood of Kensington-Chinatown. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $239,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 0 Bathrooms
- Spacious lot size measured in Feet
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air closed heating
Description
Excellent Opportunity to Own a Busy Restaurant in Chinatown! Prime high-traffic location with excellent exposure and a large outdoor billboard sign. Features a fully equipped commercial kitchen suitable for all types of cuisines. Main floor restaurant plus a second-floor apartment with 3 rooms and a full basement. The second-floor rooms are currently rented, providing additional rental income. With LLBO license. Recently renovated with walk-in cooler & freezer and quality equipment throughout. Turnkey operation. Seller willing to provide training. Great opportunity for owner-operators or investors. The second floor can be owner-occupied or continue to be leased, currently generating $2,355/month in sublease income to help offset the gross rent. All Chattel And Equipment Are Included.
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Property Summary
This sale of business located at 318 Spadina Avenue, Toronto is currently for sale and has been available for 121 days. This property is listed at $239,000 with an estimated mortgage of $796* per month. It has 0 beds, 0 bathrooms, and is unknown square feet. 318 Spadina Avenue, Toronto is in the Kensington-Chinatown neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kensington-Chinatown, Toronto.
- •Desirable Sale Of Business architecture in Kensington-Chinatown, Toronto
First-time home buyers, professionals, or investors seeking value.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
None listed
Security Features
None listed
Community Features
None listed
Property History
No historical data available for this property.
This could be the first listing for this address.
Looking to Buy a Home in Toronto?
If you are looking for a house in Toronto or researching Toronto real estate for sale, this sale of business at 318 Spadina Avenue, Unit 1st & 2nd Floor, Toronto, ON offers an exceptional opportunity to buy a home in Toronto, Ontario. Whether you are a first-time Toronto home buyer or comparing active Toronto MLS® homes for sale, working with a dedicated Toronto buyer agent ensures you receive priority showing access, unrepresented buyer protection, and aggressive price negotiation.
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Under Ontario REBBA/TRESA regulations, the listing brokerage is legally bound to the seller's financial interests. Work with an experienced Toronto realtor & real estate broker who represents you 100%—at zero cost to you as a buyer.
Toronto Buyer Budget & Costs
Estimated mortgage: $796*/month*. Estimated Ontario Land Transfer Tax: $4,230. First-time Toronto home buyers may qualify for up to $8,475 in rebates.
Frequently Asked Questions: Buying a Home in Toronto
Frequently Asked Questions about 318 Spadina Avenue, Unit 1st & 2nd Floor, Toronto, ON
Q.What is the asking price for 318 Spadina Avenue, Unit 1st & 2nd Floor, Toronto, ON ?
The current listing price for 318 Spadina Avenue, Unit 1st & 2nd Floor, Toronto, ON in Kensington-Chinatown, Toronto is $239,000.
Q.How many bedrooms and bathrooms does this property have?
This property features null bedrooms and null bathrooms.
Q.What property type and architectural style is 318 Spadina Avenue, Unit 1st & 2nd Floor, Toronto, ON ?
318 Spadina Avenue, Unit 1st & 2nd Floor, Toronto, ON is a Sale Of Business () featuring a basement.
Q.What heating and cooling systems are installed?
Heating is provided via standard central heat and cooling via Yes.
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Location
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Open in Google MapsNeighborhood Safety & Crime Analytics
Kensington-Chinatown, Toronto
476 assaults (2122.7/100k)
152 B&E (677.9/100k)
28 thefts (124.9/100k)
Elevated vs previous year
Formula: (Annual Occurrences / Population) Ă— 100,000. This standard policing calculation normalizes incident frequencies across different population sizes, allowing accurate safety comparisons between quiet residential pockets and dense urban centres.
Disclaimer: Crime and safety analytics are compiled from official municipal and regional police open data records for general consumer informational and demographic research purposes only. Data is deemed reliable but is not guaranteed and does not constitute a legal representation or guarantee of future safety.
Pricing & Value Insights
Data-driven valuation for 318 Spadina Avenue 1st & 2nd Floor, Toronto, ON M5T 2E7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $239,000 in Toronto, the legal minimum down payment is $11,950 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $2,115 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $2,115 also applies, bringing the total estimated land transfer taxes to $4,230.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
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