720, Spadina, University, Toronto, Commercial

MLS® Number C13577532
For Sale   $ 160,000
  • 1543 SQFT
Kate Naccarato
Kate Naccarato Sales Representative 416-779-6085
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Description

Commercial Sale Of Business For Sale.

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.

Cross Street: Spadina Ave & Bloor St

Key Facts

  • Days on: 72 days
  • Mls Status: New
  • Lot Type: Unit
  • Garage Type: None
  • Heat Type: Gas Forced Air Closed
  • Cooling: Yes
  • Retail Area: 1543 Sq Ft

Location 720, Spadina, University, Toronto

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Kate Naccarato
Sales Representative 416-779-6085