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$ 99,000
Est. payment /mo
Price Dropped by $100K
656 Spadina AVE Toronto C01, ON M5S 2H7
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Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Municipality Toronto C01
Subdivision University
MLS Listing ID C13158638
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
Shakes N Shawarma presents an outstanding opportunity to acquire a fully equipped turn-key restaurant business in one of downtown Toronto's busiest and most recognized commercial corridors. Positioned directly across from the University of Toronto, this highly visible location benefits from exceptional pedestrian and vehicular exposure, steady daily customer traffic, and strong surrounding density from residential, educational, retail, and professional communities. The area attracts a diverse customer base including university students, faculty members, healthcare professionals, office workers, tourists, local residents, rideshare drivers, and delivery traffic throughout the day and evening. Surrounded by Kensington Market, Chinatown, The Annex, Harbord Village, hospitals, office buildings, student housing, condominiums, cafés, banks, grocery stores, pharmacies, bookstores, and entertainment venues, the business benefits from constant activity and year-round demand. The premises are fully equipped for hot and cold food preparation and are suitable for a wide variety of concepts including shawarma, Middle Eastern cuisine, sandwiches, burgers, Indian, Italian, Chinese, bakery, café, dessert, smoothie, juice, salad bar, bubble tea, takeout, or franchise operations. The spacious second-floor dining area offers additional seating capacity and includes two washrooms, creating flexibility for dine-in, takeout, and delivery-focused models.Additional features include potential for a summer courtyard patio, partial garage and basement storage space, efficient operational layout, strong signage exposure, and one dedicated rear parking space. Excellent TTC connectivity and nearby streetcar routes further enhance accessibility for customers and staff.This is a rare opportunity for owner-operators, investors, or expanding restaurant groups seeking a proven high-demand downtown Toronto location with strong long-term growth potential, excellent surrounding demographics.
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Interior
Cooling Yes
Exterior
Lot Frontage 12.67
Lot Depth 105.0
Others
ParcelsYN No
Listed by HOMELINK REALTY LTD.