261 Spadina Ave #Upper is a business in Toronto, listed for $99,000.
1Prime Commercial Location Near The Corner Of Spadina Ave & Dundas St W In The Heart Of Chinatown, One Of Toronto's Most Popular Tourist And Dining Areas.
2Excellent Exposure With Heavy Pedestrian And Vehicular Traffic.
3Brand New Renovation, High Ceilings, An Open-Concept Layout, And A Dedicated VIP Room.
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Commercial Property in Toronto
Unit Upper at 261 Spadina Avenue
LOCATION! LOCATION! LOCATION! Prime Commercial Location Near The Corner Of Spadina Ave & Dundas St W In The Heart Of Chinatown, One Of Toronto's Most Popular Tourist And Dining Areas. Excellent Exposure With Heavy Pedestrian And Vehicular Traffic. Brand New Renovation, High Ceilings, An Open-Concept Layout, And A Dedicated VIP Room. Fully Equipped Commercial Kitchen With Walk-In Cooler & Freezer And All Essential Restaurant Equipment In Place. Licensed For 118 Seats Under LLBO, Offering Excellent Potential For A Variety Of Restaurant, Bar, Or Food Concepts. Wide Sidewalk At The Front And An Easy Loading Area At The Rear Accessible Via A Common Laneway. Surrounded By A Busy Mix Of Restaurants, Retailers, And Dining Establishments. Turnkey Opportunity In A Highly Sought-After Chinatown Location!
Toronto business priced at $99,000 — book a tour to see if it fits your search.
Inside 261 Spadina Ave #Upper
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
261 Spadina Ave #Upper Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.
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From 261 Spadina Ave #Upper. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5150.2%On average, homes sold at or above asking.
Active listings12,938Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 14 – Aug 12, 2026: prices down.
Based on 9,205 sales from Aug 12 – Nov 10, 2026 (7,279 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
261 Spadina Ave #Upper is listed at $99,000 (MLS® C13769560). Summitly updates the price as soon as the MLS® record changes.
Has the price of 261 Spadina Ave #Upper changed?
Yes — it was first listed at $149,000 and is now $99,000, a drop of $50,000 (33.6%).
How many bedrooms and bathrooms does 261 Spadina Ave #Upper have?
The listing for 261 Spadina Ave #Upper doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 261 Spadina Ave #Upper close to transit?
The nearest rapid-transit station is St. Patrick Station (Line 1), about 780 m (about a 10-minute walk) in a straight line. Osgoode Station is about 890 m (about a 11-minute walk), and Queen's Park Station is about 1000 m (about a 12-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 261 Spadina Ave #Upper compare with other homes in Toronto?
Its asking price of $99,000 is about 88% below the median sold price in Toronto over the last 90 days, $840,000, across 9,205 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 261 Spadina Ave #Upper been sold before?
Summitly has no earlier MLS® sale or lease of 261 Spadina Ave #Upper on record from the last two years. Older records aren't shown under TRREB rules.
Where is 261 Spadina Ave #Upper?
261 Spadina Ave #Upper is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 261 Spadina Ave #Upper been on the market?
61 days — 261 Spadina Ave #Upper was listed on September 10, 2026.
What is the land transfer tax on 261 Spadina Ave #Upper?
About $1,430 at the asking price of $99,000: $715 Ontario land transfer tax plus $715 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 261 Spadina Ave #Upper or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 261 Spadina Ave #Upper?
The listing for 261 Spadina Ave #Upper doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 261 Spadina Ave #Upper built?
The listing for 261 Spadina Ave #Upper doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
