720 SPADINA AVENUE
Toronto (University), Ontario
MLS® C13577532
$160,000
- Status
- Active
- Property type
- Business
- MLS® number
- C13577532
- Bedrooms
- —
- Bathrooms
- —
- Year built
- —
1 / 37Listing 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.
Property summary
- MLS® number
- C13577532
- Property type
- Business
- Days on market
- 42 days
Features & details
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
What would this home cost you?
Based on the $160,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of EXP REALTY, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.