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For saleMLS® C13769560

261 Spadina Avenue Upper, Toronto, ON M5T 2E3

Kensington-Chinatown · C01 · M5T 2E3

$99,000

$37 / sq ft

1 months on market

Total area
2,700 sf
0

What's special

  • Outside/surface garage
  • Yes

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About this property

LOCATION! LOCATION! LOCATION! Prime Commercial Location Near The Corner Of Spadina Ave & Dundas St W In The Heart Of Chinatown, One Of Toronto's Most Popular Tourist And Dining Areas. Excellent Exposure With Heavy Pedestrian And Vehicular Traffic. Brand New Renovation, High Ceilings, An Open-Concept Layout, And A Dedicated VIP Room. Fully Equipped Commercial Kitchen With Walk-In Cooler & Freezer And All Essential Restaurant Equipment In Place. Licensed For 118 Seats Under LLBO, Offering Excellent Potential For A Variety Of Restaurant, Bar, Or Food Concepts. Wide Sidewalk At The Front And An Easy Loading Area At The Rear Accessible Via A Common Laneway. Surrounded By A Busy Mix Of Restaurants, Retailers, And Dining Establishments. Turnkey Opportunity In A Highly Sought-After Chinatown Location!

Property details

Property

Property type
business
Interior size
2,700 sq ft
Zoning
Commercial
Possession
TBA

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Exterior & services

Garage
Outside/Surface

Costs

List price
$99,000
Property taxes
$1 / year (2025)
Price per sq ft
$37

Listing

MLS® number
C13769560
Status
For sale
Listed
September 10, 2026
Days on market
55
Last updated
September 17, 2026
Listing brokerage
BAY STREET GROUP INC.

Price & sale history

This property's sale history is hidden

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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 in line with comparable listings — about 26% of comparable business for sale listings in Kensington-Chinatown are asking less.

$85KMedian $169K$506K
This home
$37 / sq ft
Comparable median
$137 / sq ft

Based on 19 comparable active business for sale listings in Kensington-Chinatown. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $4,950
$4,950
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$520.02
Property tax (est.)
$0.08
Estimated monthly
$520

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
$715
Toronto municipal
$715
Total due on closing
$1,430

An estimate on the asking price of $99,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of BAY STREET GROUP INC.. 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.

$99,000

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