$99,000
656 Spadina Avenue, Toronto C01, ON M5S 2H7
Toronto C01
- Square feet
- 950
- Type
- Sale Of Business
About this listing
Shakes N Shawarma presents an outstanding opportunity to acquire a fully equipped turn-key restaurant business in one of downtown Toronto's busiest and most recognized commercial corridors. Positioned directly across from the University of Toronto, this highly visible location benefits from exceptional pedestrian and vehicular exposure, steady daily customer traffic, and strong surrounding density from residential, educational, retail, and professional communities. The area attracts a diverse customer base including university students, faculty members, healthcare professionals, office workers, tourists, local residents, rideshare drivers, and delivery traffic throughout the day and evening. Surrounded by Kensington Market, Chinatown, The Annex, Harbord Village, hospitals, office buildings, student housing, condominiums, cafés, banks, grocery stores, pharmacies, bookstores, and entertainment venues, the business benefits from constant activity and year-round demand. The premises are fully equipped for hot and cold food preparation and are suitable for a wide variety of concepts including shawarma, Middle Eastern cuisine, sandwiches, burgers, Indian, Italian, Chinese, bakery, café, dessert, smoothie, juice, salad bar, bubble tea, takeout, or franchise operations. The spacious second-floor dining area offers additional seating capacity and includes two washrooms, creating flexibility for dine-in, takeout, and delivery-focused models.Additional features include potential for a summer courtyard patio, partial garage and basement storage space, efficient operational layout, strong signage exposure, and one dedicated rear parking space. Excellent TTC connectivity and nearby streetcar routes further enhance accessibility for customers and staff.This is a rare opportunity for owner-operators, investors, or expanding restaurant groups seeking a proven high-demand downtown Toronto location with strong long-term growth potential, excellent surrounding demographics.
Property details
- Price per sqft
- $104
- Days on market
- 18 days
- Lot size
- 12.67 × 105 Feet
- Heating
- Electric Forced Air
- Cooling
- Yes
Payment calculator
- Mortgage amount
- $79,200
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Location
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Walkability, transit, and bike-friendliness for 656 Spadina Avenue, Toronto C01, ON M5S 2H7
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MLS# C13158638
Listed by HOMELINK REALTY LTD.
On market since May 21, 2026
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About 656 Spadina Avenue, Toronto C01, ON M5S 2H7
How much is 656 Spadina Avenue, Toronto C01, ON M5S 2H7?
656 Spadina Avenue, Toronto C01, ON M5S 2H7 is listed for $99,000 CAD.
What type of property is 656 Spadina Avenue, Toronto C01, ON M5S 2H7?
656 Spadina Avenue, Toronto C01, ON M5S 2H7 is a Sale Of Business, 950 sq ft.
What neighbourhood is 656 Spadina Avenue, Toronto C01, ON M5S 2H7 in?
656 Spadina Avenue, Toronto C01, ON M5S 2H7 is in Toronto C01, Ontario.
Is 656 Spadina Avenue, Toronto C01, ON M5S 2H7 for sale or for rent?
656 Spadina Avenue, Toronto C01, ON M5S 2H7 is currently for sale.
How do I book a showing for 656 Spadina Avenue, Toronto C01, ON M5S 2H7?
Contact Alex Morgan at +16471112222 to arrange a private showing of 656 Spadina Avenue, Toronto C01, ON M5S 2H7 (MLS# C13158638). You can also send a message through the contact form on this site.