720 Spadina Avenue
Toronto, M5S 2T9
FOR SALE
$160,000
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Sale Of Business
CATEGORY 1,543 Sq Ft
RETAIL AREA C13577532
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Property Description
Well-established Pita Land franchise operating since 2014 on the main floor of a 17-storey residential tower directly opposite Spadina TTC Station - one of Toronto's busiest transit interchange points connecting Line 1 Yonge-University, Line 2 Bloor-Danforth, and the 510 Spadina streetcar. Steps from the University of Toronto St. George campus, the Royal Ontario Museum, and Bloor Street's dense commercial and residential corridor.1,543 sq ft with 20+ dine-in seats plus a licensed patio - rare outdoor dining space in one of Toronto's highest foot-traffic neighbourhoods. All-inclusive rent of $7,750/month covering all utilities and TMI. Lease secured until January 2030 plus a 5-year renewal option providing exceptional long-term stability for an incoming buyer.Captive customer base from hundreds of tower residents above, combined with thousands of daily TTC commuters, U of T students, faculty, and Annex professionals passing the front door. Key neighbours include Metro, Second Cup, Tim Hortons, Miles Nadal JCC, Scotiabank, and RBC. Uber Eats, DoorDash, and SkipTheDishes fully integrated.
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Property Details
Address
720 Spadina Avenue
Community
City
Postal Code
M5S 2T9
Property Type
Sale Of Business, Sale Of Business
Use
Without Property
Zoning
C
Retail Area
1,543 Sq Ft
Heat Type
Gas Forced Air Closed
Water
Municipal
Garage Type
None
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Listing contracted with Exp Realty
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