Address
398 College Street W, Toronto, ON
Price
$ 189,000
Property Attributes
  • ID#C13489228
  • TypeCommercial
  • Listing Status Price Change
  • CityToronto
  • AreaUniversity
  • NeighbourhoodUniversity
  • Postal CodeM5T 1S8
  • StyleRestaurant
  • Price$ 189,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Data Source:
Toronto Real Estate Board (TRREB)
Property Description

Prime Location on Vibrant College Street! Excellent opportunity to own a thriving restaurant business in one of Toronto's busiest commercial corridors. Located in a high-traffic area with exceptional pedestrian and vehicle exposure, this beautifully renovated space is currently operating as a successful Vietnamese Banh Mi and Pho restaurant with consistent income and a loyal clientele. Featuring almost-new chattels and equipment, updated mechanical systems, and significant potential for future growth and increased revenue. The prominent corner location offers outstanding visibility and is ideal for a wide range of retail or restaurant concepts. Approximately 1,150 sq. ft. on the main/ground level with two washrooms, plus an additional 1,200 sq. ft. on the lower level, providing ample space for operations, storage, or expansion. Conveniently situated near the University of Toronto, Kensington Market, Little Italy, and numerous condominium developments, benefiting from strong residential and student traffic. Easily adaptable to virtually any cuisine, restaurant concept, or franchise operation. A rare opportunity to establish or expand your business in a highly desirable downtown Toronto

Price History
6/25/2026 Listed $259,000
8/4/2026 28$189,000

General Features

Cooling Yes
Utilities Available
Security Features No
Heater Type Gas Forced Air Closed
Property Subtype Sale Of Business
Tax Year 2026
Lot Depth 0.0
Business Type Restaurant
County Toronto
New Construction No
Property Type Commercial
Attached Garage No
Garage Y/N No
Status Price Change
City Toronto C01
Senior Community Y/N No
Lot Size Units Feet
Property Attached Y/N No
Tax Annual Amount 0.0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Tenant

Interior Features

Basement (Y/N) Yes
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Elevator? No
SeatingCapacity 24

Exterior Features

Garage Type Street
Spa No
Waterfront Y/N No

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in M5T 1S8

Price
AVG $190K
$190K
Visits
AVG 5
252
Data Provided by Inside Real Estate®