$299,000
For sale: Other

Prime corner location at Spadina & Dundas in the heart of Chinatown DT Toronto with exceptional exposure and high pedestrian traffic. Fully renovated, open-concept restaurant with high ceilings and approx. 60 seats. Over $600K invested in upgrades, including $400K+ commercial kitchen. Features 10-ft upgraded hood system (2025) with full fire suppression, wok stations, deep fryers, prep/plating area, commercial dishwashing station, dual grease traps, Walk-in cooler with new compressor(2025), ice machine, and new ventilation system (2025). Two washrooms and one parking space included. 9 mins drive to CN tower, 10 mins walk to UofT, 12 mins walk to OCAD, 13 mins drive to Eaton Centre. Turnkey operation with modern finishes and full equipment-ideal for a wide range of restaurant concepts. Current Rent $41Net+$17.62TMI. Rent Until March 31st 2029.
Sold data
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.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.
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
Toronto (Kensington-Chinatown) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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