$568,000
46 Kensington Avenue MAIN/BASEMENT, Toronto, ON M5T 2K1
Kensington-Chinatown · C01
Listing courtesy of HOMELIFE NEW WORLD REALTY INC.
Kensington-Chinatown · C01 · M5T 1R6
$490,000
$544 / sq ft1 months on market
This established Pizza Nova presents an excellent opportunity to acquire a well-positioned food-service business in a highly active downtown Toronto location. The restaurant benefits from strong pedestrian and vehicle exposure in a vibrant commercial and residential area, surrounded by a dense mix of students, professionals, residents, and other businesses.The location is particularly well suited to a quick-service pizza concept, with takeout and delivery forming an important part of the business model. The store is also well established within the Pizza Nova brand and benefits from the company's broad menu, recognizable name, and established customer base.Online ordering platforms show strong customer engagement at this location, with more than 1,000 ratings on Uber Eats and positive customer feedback highlighting the pizza, hot food, friendly service, and convenience.With its established operation, recognizable franchise brand, strong surrounding demographics, and excellent downtown positioning, this is an attractive opportunity for an owner-operator or investor looking to acquire an established quick-service restaurant with potential for continued growth.
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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 above most comparable listings — about 89% of comparable business for sale listings in Kensington-Chinatown are asking less.
Based on 19 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 $490,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of RE/MAX METROPOLIS 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.
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$568,000
Kensington-Chinatown · C01
Listing courtesy of HOMELIFE NEW WORLD REALTY INC.