720 Spadina Avenue Toronto, Ontario M5S 2T9

$160,000

Well-established Pita Land franchise operating since 2014 on the main floor of a 17-storey residential tower directly opposite Spadina TTC Station - one of Toronto's busiest transit interchange points connecting Line 1 Yonge-University, Line 2 Bloor-Danforth, and the 510 Spadina streetcar. Steps from the University of Toronto St. George campus, the Royal Ontario Museum, and Bloor Street's dense commercial and residential corridor.1,543 sq ft with 20+ dine-in seats plus a licensed patio - rare outdoor dining space in one of Toronto's highest foot-traffic neighbourhoods. All-inclusive rent of $7,750/month covering all utilities and TMI. Lease secured until January 2030 plus a 5-year renewal option providing exceptional long-term stability for an incoming buyer.Captive customer base from hundreds of tower residents above, combined with thousands of daily TTC commuters, U of T students, faculty, and Annex professionals passing the front door. Key neighbours include Metro, Second Cup, Tim Hortons, Miles Nadal JCC, Scotiabank, and RBC. Uber Eats, DoorDash, and SkipTheDishes fully integrated. (id:55460)

Business

Business Type	Restaurant
Business Sub Type	Fast foods

Property Details

MLS® Number	C13577532
Property Type	Business
Community Name	University

Building

Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Utility Water	Municipal Water

Land

Acreage	No
Zoning Description	C

https://www.realtor.ca/real-estate/30048561/720-spadina-avenue-toronto-university-university