307 SPADINA AVENUE, Toronto (Kensington-Chinatown)

$128,000

For sale: Other

Other at 307 SPADINA AVENUE, Toronto (Kensington-Chinatown)
Property type
Sale Of Business
MLS®
MLS® C12917428
Neighbourhood
Kensington-Chinatown

Well-established restaurant over two floors in a AAA prime location in Chinatown with excellent visibility and high foot traffic. Recently renovated with a fully equipped kitchen, including a long commercial exhaust hood, walk-in cooler and freezer. Licensed for 81 seats (LLBO). Functional layout with kitchen and main dining area on the ground floor, additional seating on the second floor, and basement with storage and washrooms. Convenient access, prominent signage, and suitable for a wide variety of restaurant concepts. Turnkey opportunity in a high-demand location.

Sold data

Other homes in Toronto (Kensington-Chinatown) — recent sold market

Other homes in Toronto (Kensington-Chinatown) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.

The median sale price was $59,000.

Homes sold for about 9.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Kensington-Chinatown)

Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Kensington-Chinatown)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 307 SPADINA AVENUE