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For saleMLS® C13229580

422 College Street Main, Toronto, ON M5T 1T3

University · C01 · M5T 1T3

$163,000

$99 / sq ft

5 months on market

Bathrooms
2
Total area
1,647 sf
Lot
14.35 × 98.42 ft

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About this property

An outstanding opportunity to acquire a fully equipped, turnkey restaurant in one ofToronto's most vibrant dining destinations.Prime Corner Location - College Street & Bathurst, Little ItalyAsset Sale Only: The Bollywood Tacos brand, recipes, trademarks, website, social media accounts, and intellectual property are not included.Property Features Approximately 980 sq. ft. High-visibility corner location Fully renovated interior Two washrooms Double air-conditioning systemLease Information Lease until May 2030 Current rent: $3,250/month + TMI Potential 5-year extension (subject to landlord approval) Lease assignment subject to landlord approvalCommercial Kitchen Equipment: 7' hood with fire suppression, walk-in cooler, two reach-in freezers, refrigerated prep table, Garland 6-burner range with oven, flat-top griddle, flame grill, deep fryers, 3-compartment sink, dishwasher, stainless prep tables, double-door display refrigerator, ice maker, soft-serve machine, double-head slushy machine, food pans, shelving, smallwares, cutlery, serving bowls, furniture, fixtures, and additional kitchen equipment.Licensing: Current City of Toronto licence: Eating and Drinking Establishment.Previously licensed to serve alcohol.

Property details

Property

Property type
business
Bathrooms
2
Interior size
1,647 sq ft
Lot size
14.35 × 98.42 ft
Zoning
CR3(c2;r2.5*1581)
Possession
TBA

Interior

Heating
Baseboard
Cooling
No

Exterior & services

Sewer
Sanitary Available

Costs

List price
$163,000
Property taxes
$910 / year (2025)
Price per sq ft
$99

Listing

MLS® number
C13229580
Status
For sale
Listed
June 2, 2026
Days on market
156
Last updated
September 30, 2026
Listing brokerage
ROYAL LEPAGE IGNITE REALTY

Price & sale history

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced below most comparable listings — about 0% of comparable business for sale listings in University are asking less.

$169KMedian $274K$495K

Based on 8 comparable active business for sale listings in University. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $8,150
$8,150
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$856.19
Property tax (est.)
$75.83
Estimated monthly
$932

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$1,355
Toronto municipal
$1,355
Total due on closing
$2,710

An estimate on the asking price of $163,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of ROYAL LEPAGE IGNITE REALTY. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.

$163,000

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