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283 College Street

Toronto C01, ON M5T 1R9

ActiveFor Sale
0 Beds
0 Baths
Commercial

About This Property

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-ofhouse 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 Details

StatusActive
Property TypeCommercial
Listing TypeFor Sale
Bedrooms0
Bathrooms0
Postal CodeM5T 1R9
Last UpdatedAug 8, 2026 · 9:08 p.m.

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Features & Amenities

  • View
  • Air Conditioning
  • Basement

TRREB MLS® Attribution

MLS® C12627640

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.

$88,000

asking price

MLS®C12627640
TypeCommercial
CityToronto C01
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Team Filipe · RE/MAX · (647) 210-6070

Mortgage Estimate

Est. Monthly Payment

$430

/month · $70,400 mortgage

Down Payment20% — $17,600
Interest Rate5.5%

Amortization

Total Interest

$58,515

Total Cost

$128,915

Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.

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Listed By

SOTHEBY'S INTERNATIONAL REALTY CANADA