For saleNew listingMLS® C13769560

261 Spadina Avenue Upper, Toronto, ON M5T 2E3

Kensington-Chinatown · C01 · M5T 2E3

$149,000

$55 / sq ft

3 days on market

Total area: 2,700 sf

What's special

Outside/surface garage
Yes

About this property

$149,000

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More in Kensington-Chinatown

Homes for sale in Toronto Kensington-Chinatown real estate Homes for sale in Kensington-Chinatown New listings in Toronto Toronto market report

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
Possession: TBA

Interior

Heating: Gas Forced Air Closed
Cooling: Yes

Exterior & services

Garage: Outside/Surface

Costs

List price: $149,000
Property taxes: $1 / year (2025)
Price per sq ft: $55

Listing

MLS® number: C13769560
Status: For sale
Listed: September 10, 2026
Days on market: 3
Last updated: September 11, 2026
Listing brokerage: BAY STREET GROUP INC.

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 in line with comparable listings — about 39% of comparable business for sale listings in Kensington-Chinatown are asking less.

$62KMedian $150K$300K

This home: $55 / sq ft
Comparable median: $100 / sq ft

Based on 23 comparable active business for sale listings in Kensington-Chinatown. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $7,450

$7,450

Interest rate5-year fixed, illustrative only

4.49%

Amortization

Principal & interest: $782.65
Property tax (est.): $0.08
Estimated monthly: $783

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.

First-time buyerInside the City of Toronto

Ontario: $1,215
Toronto municipal: $1,215
Total due on closing: $2,430

An estimate on the asking price of $149,000. 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.

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