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For saleMLS® C13786232

267 College Street D, Toronto, ON M5T 1R6

Kensington-Chinatown · C01 · M5T 1R6

$490,000

$544 / sq ft

1 months on market

Total area
900 sf
Lot
21 × 42 ft

What's special

  • Street garage
  • Yes

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About this property

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.

Property details

Property

Property type
business
Interior size
900 sq ft
Lot size
21 × 42 ft
Zoning
Commercial- CR 3.0 (c2.0; r2.5) SS2 (x23
Possession
TBD

Interior

Heating
Gas Forced Air Open
Cooling
Yes

Exterior & services

Garage
Street

Costs

List price
$490,000
Price per sq ft
$544

Listing

MLS® number
C13786232
Status
For sale
Listed
September 15, 2026
Days on market
51
Last updated
September 15, 2026
Listing brokerage
RE/MAX METROPOLIS REALTY

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 above most comparable listings — about 89% of comparable business for sale listings in Kensington-Chinatown are asking less.

$85KMedian $160K$394K
This home
$544 / sq ft
Comparable median
$115 / 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 $24,500
$24,500
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$2,573.83
Estimated monthly
$2,574

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
$6,275
Toronto municipal
$6,275
Total due on closing
$12,550

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.

$490,000

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