$99,000
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656 Spadina Avenue, Toronto (university), ON M5S2H7

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- Beds
0 Baths
950 Sq Ft

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, cafs, 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, caf, 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. (id:58753)

Listing By: NASIR A JANANGEL - HOMELINK REALTY LTD. cncrea2 Realty.com
  • MLS® C13158638
  • Date Listed05/21/2026
  • Days on Realty 68 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Other
  • Water Public
  • Square Feet 950 sq. ft
  • Price Per Sq. Ft $104.21

Interior Features

  • Cooling Fully air conditioned
  • Heating Forced air

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Directions

Spadina Ave/Harbord St

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for M5S2H7

Discover key demographics, population statistics, and environmental insights for the Toronto (university), ON area.

Walkability in ON / M5S2H7

Source: Walk Score

97/100

Walker's Paradise

Walk Score ®

100/100

Rider's Paradise

Transit Score ®

100/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.

Transit Summary

19 nearby routes: 12 bus, 7 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 82/100, Transit Score: 80/100, Bike Score: 79/100.

Points of Interest near 656 SPADINA AVENUE, Toronto (University), ON M5S2H7

Frequently Asked Questions for 656 SPADINA AVENUE

Source: Realty.com

656 SPADINA AVENUE, Toronto (University), ON M5S2H7 in Toronto (University), ON M5S2H7 is a other listed at $99,000. Highlights include 950 sq. ft., $104 per sq. ft.. Realty.ca has 37 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 37 photos of 656 SPADINA AVENUE.

The full address for this home is 656 SPADINA AVENUE, Toronto (University), ON M5S2H7.

656 SPADINA AVENUE has been listed on Realty.com since Thu May 21, 2026

Daily errands do not require a car. World-class public transportation. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 82/100, Transit Score: 80/100, Bike Score: 79/100.

Listing provided courtesy of: HOMELINK REALTY LTD.
Listing agent: NASIR A JANANGEL

This content last refreshed on 2026-07-28 08:55:27. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.