338 Spadina Ave is a business in Toronto, listed for $199,000.
1Excellent Opportunity to Own a Well-Established Restaurant in Chinatown!
2This long-established Chinese restaurant has been successfully operating for approximately 30 years and enjoys a loyal customer base.
3Fully equipped commercial kitchen suitable for a variety of cuisines, featuring a walk-in cooler and freezer, plus a basement for additional storage. 77 Seats LLBO licensed.
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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Commercial Property in Toronto
About 338 Spadina Avenue
Excellent Opportunity to Own a Well-Established Restaurant in Chinatown! Prime high-traffic location with excellent exposure and a large outdoor billboard sign. This long-established Chinese restaurant has been successfully operating for approximately 30 years and enjoys a loyal customer base. Fully equipped commercial kitchen suitable for a variety of cuisines, featuring a walk-in cooler and freezer, plus a basement for additional storage. 77 Seats LLBO licensed. Seller is retiring and willing to provide training to ensure a smooth transition. A rare opportunity to take over a proven restaurant business in a highly visible location with excellent potential for continued growth!
Toronto business priced at $199,000 — book a tour to see if it fits your search.
Inside 338 Spadina Ave
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
338 Spadina Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13750992$199,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 338 Spadina Ave Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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 market31Homes sold in about 31 days on average.
Sale-to-list ratio4987.8%On average, homes sold at or above asking.
Active listings12,353Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 29 – Jul 28, 2026.
Based on 9,511 sales from Jul 28 – Oct 26, 2026 (6,903 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
338 Spadina Ave is listed at $199,000 (MLS® C13750992). Summitly updates the price as soon as the MLS® record changes.
Has the price of 338 Spadina Ave changed?
No — 338 Spadina Ave is still listed at its original asking price of $199,000.
How many bedrooms and bathrooms does 338 Spadina Ave have?
The listing for 338 Spadina Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 338 Spadina Ave close to transit?
The nearest rapid-transit station is St. Patrick Station (Line 1), about 860 m (about a 11-minute walk) in a straight line. Queen's Park Station is about 940 m (about a 12-minute walk), and Osgoode Station is about 1.1 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 338 Spadina Ave compare with other homes in Toronto?
Its asking price of $199,000 is about 76% below the median sold price in Toronto over the last 90 days, $840,000, across 9,511 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 338 Spadina Ave been sold before?
Summitly has no earlier MLS® sale or lease of 338 Spadina Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 338 Spadina Ave?
338 Spadina Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 338 Spadina Ave been on the market?
49 days — 338 Spadina Ave was listed on September 7, 2026.
What is the land transfer tax on 338 Spadina Ave?
About $3,430 at the asking price of $199,000: $1,715 Ontario land transfer tax plus $1,715 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 338 Spadina Ave 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 338 Spadina Ave?
The listing for 338 Spadina Ave 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 338 Spadina Ave built?
The listing for 338 Spadina Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
