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For saleMLS® C13772312

412 Spadina Avenue, Toronto, ON M5T 2G7

Kensington-Chinatown · C01 · M5T 2G7

$70,000

$39 / sq ft

1 months on market

Total area
1,800 sf
Lot
15.87 × 100.3 ft

What's special

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About this property

This well-established Thai restaurant located in a prime AAA location in the heart ofChinatown, with over 17 years of continuous operation. The main floor is approximately 1800sqft, and the basement is fully finished. The restaurant is licensed under the LLBO toaccommodate up to 50 people. It has a fully equipped kitchen and is currently open daily from12:00 AM to 10:00 PM. The business is profitable and well-suited for family ownership orhands-on management. The seller is offering four weeks of training to the new owner to supporta smooth transition. You can take over the existing business or start a new venture...

Property details

Property

Property type
retail
Interior size
1,800 sq ft
Lot size
15.87 × 100.3 ft
Zoning
Commercial/Retail
Possession
Flexible

Interior

Heating
Gas Forced Air Closed
Cooling
Yes

Costs

List price
$70,000
Property taxes
$3,334 / year (2025)
Price per sq ft
$39

Listing

MLS® number
C13772312
Status
For sale
Listed
September 11, 2026
Days on market
55
Last updated
September 11, 2026
Listing brokerage
SQUARE YARDS REAL ESTATE 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 below most comparable listings — about 3% of comparable retail listings in Kensington-Chinatown are asking less.

$658KMedian $1.92M$4.45M
This home
$39 / sq ft
Comparable median
$702 / sq ft

Based on 32 comparable active retail listings in Kensington-Chinatown. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $3,500
$3,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$367.69
Property tax (est.)
$277.86
Estimated monthly
$646

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
$425
Toronto municipal
$425
Total due on closing
$850

An estimate on the asking price of $70,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of SQUARE YARDS REAL ESTATE 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.

$70,000

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