$149,000
261 Spadina Avenue Upper, Toronto, ON M5T 2E3
Kensington-Chinatown · C01
Listing courtesy of BAY STREET GROUP INC.
Kensington-Chinatown · C01 · M5T 1V7
$149,900
$86 / sq ft2 months on market
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$149,000
Kensington-Chinatown · C01
Listing courtesy of BAY STREET GROUP INC.
Turnkey Hospitality Venue | Café by Day, Lounge by Night. Exceptional opportunity to acquire a beautifully designed, fully licensed café & cocktail lounge in the heart of Downtown Toronto. Located steps from OCAD University, the Art Gallery of Ontario and Queen West, this premium 1,741 sq. ft. space features a custom copper bar, terrazzo flooring, exposed brick, premium equipment, transferable liquor/business/music licenses, and a strong lease. Designed for seamless day-to-night operations with multiple revenue streams. Ideal for a café, cocktail lounge, wine bar, espresso bar, dessert concept or boutique hospitality brand. Skip the costly build-out and open immediately. Flexible acquisition structure available: Purchase for $50,000 plus assumption of the existing CSBFP loan (subject to lender approval).
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 43% of comparable business for sale listings in Kensington-Chinatown are asking less.
Based on 23 comparable active business for sale listings in Kensington-Chinatown. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $149,900. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of KELLER WILLIAMS REFERRED URBAN 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.

$150,000
Kensington-Chinatown · C01
Listing courtesy of KW Living Realty
$150,000
Kensington-Chinatown · C01
Listing courtesy of REMAX YC REALTY
$159,900
Kensington-Chinatown · C01
Listing courtesy of HOME CHOICE REALTY INC.
$169,000
Kensington-Chinatown · C01
Listing courtesy of BAY STREET GROUP INC.
$128,000
Kensington-Chinatown · C01
Listing courtesy of BAY STREET GROUP INC.