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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 382 Spadina Avenue
Prime Turnkey Restaurant Opportunity on Spadina Ave near Dundas St W, right where Downtown Toronto's Chinatown meets Kensington Market! Surrounded by U of T, OCAD, major hospitals, and steps to the 510 Spadina streetcar with non-stop year-round foot traffic. Approx. 1,200 sq. ft. across the main floor and full basement, featuring an existing dine-in and high-volume takeout/delivery layout, full commercial kitchen with exhaust hood system, walk-in cooler/freezer, and spacious lower-level prep and storage area. Currently operating as a popular Chinese BBQ concept and easily adaptable to noodles, hotpot/malatang, ramen, Korean/Japanese, or other food concepts. Rare long-term lease security: current lease runs until June 14, 2031 plus one 5-year renewal option (to 2036). Attractive downtown rent at $6,500/month Base Rent + approx. $2,500/month TMI ($9,000/month + HST). Asking $139,900 for business and equipment only. Inventory is extra and valued at closing. Do not approach staff directly.
Toronto business priced at $139,900 — book a tour to see if it fits your search.
Inside 382 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
382 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® C14161452$139,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 382 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 market32Homes sold in about 32 days on average.
Sale-to-list ratio5104.0%On average, homes sold at or above asking.
Active listings12,070Homes for sale here right now.
Median vs prior 90 days−0.4%Compared with May 13 – Aug 11, 2026: prices down.
Based on 9,290 sales from Aug 11 – Nov 9, 2026 (7,223 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 382 Spadina Ave
How much is 382 Spadina Ave listed for?
382 Spadina Ave is listed at $139,900 (MLS® C14161452). Summitly updates the price as soon as the MLS® record changes.
Has the price of 382 Spadina Ave changed?
No — 382 Spadina Ave is still listed at its original asking price of $139,900.
How many bedrooms and bathrooms does 382 Spadina Ave have?
The listing for 382 Spadina Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 382 Spadina Ave compare with other homes in Toronto?
Its asking price of $139,900 is about 83% below the median sold price in Toronto over the last 90 days, $840,000, across 9,290 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 382 Spadina Ave been sold before?
Summitly has no earlier MLS® sale or lease of 382 Spadina Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 382 Spadina Ave?
382 Spadina Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 382 Spadina Ave been on the market?
4 days — 382 Spadina Ave was listed on November 5, 2026.
What is the land transfer tax on 382 Spadina Ave?
About $2,248 at the asking price of $139,900: $1,124 Ontario land transfer tax plus $1,124 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 382 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 382 Spadina Ave?
The listing for 382 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 382 Spadina Ave built?
The listing for 382 Spadina Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
