Home ›Listings ›Toronto ›C13158638

656 Spadina Avenue Toronto C01 ON

📍 Toronto, Ontario M5S 2H7

$99,000

Active
12.67×105LOT (FT)

📋 Listing Highlights

StatusActive
MLS®C13158638
ListedMay 21, 2026
Days on Market—
Property TypeCommercial
StyleSale Of Business
Cross StreetSpadina Ave/Harbord St
PossessionIMM

📝 Listing 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.

🏠 Property Details

Property TypeCommercial
StyleSale Of Business

📐 Lot & Land

Lot Width12.67 ft
Lot Depth105 ft
Cross StreetSpadina Ave/Harbord St

🔧 Building & Utilities

HeatingElectric Forced Air
CoolingYes
GarageNone

🧮 Mortgage Calculator

$19,800
Est. Monthly Payment
$486/mo
Principal: $79,200 · P+I only
Does not include taxes, insurance or CMHC
Listing provided by HOMELINK REALTY LTD.Data via PropTx MLS® / TRREB. Information deemed reliable but not guaranteed.MLS® #C13158638 · Last updated: Jul 14, 2026

Information deemed reliable but not guaranteed. © TRREB / PropTx. MLS® is a trademark of CREA. This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate.