Toronto, ON · M5S 2T9 · MLS® C12907188Updated
$299,000
720 Spadina Ave #111 is a business in Toronto, listed for $299,000.
Coldwell Banker Summit Realty, BrokerageZara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
Amazing opportunity to own an established and fully-renovated shisha & entertainment lounge with a full commercial kitchen. Prime location facing Spadina, with a 17-storey condo building above. Strategically located across from U of T, and steps to the Spadina Subway station. Could be converted to a banquet hall, restaurant & bar, billiards, etc. Full kitchen with exhaust hood, grill, fryers, walk-in freezer, walk-in coolers, prep tables, etc. Long lease 7.5 years + 5 years option to renew. 110 seats + 80 seat patio. Used to have L.L.B.O. - possible to obtain the license again. Don't miss this one! Value priced to sell - Equipment & set-up worth the price!
Toronto business priced at $299,000 — book a tour to see if it fits your search.
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Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
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Closed sales on the TRREB MLS®.
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Listing brokerage: HOMELIFE/BAYVIEW REALTY INC., BrokerageMLS® C12907188 · Listing data last updated
Listing data comes from the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but not guaranteed. Shown on Summitly by Coldwell Banker Summit Realty, Brokerage, which is not the listing brokerage. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. © 2026 Toronto Regional Real Estate Board. All rights reserved.
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.
Other homes for sale in Toronto around $299K.
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Curated MLS® searches this property belongs to — same city, same shape of home.
Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
1 for sale · 23 for rent at 720 Spadina Ave — plus its sale and lease history.
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720 Spadina Ave #111 is listed at $299,000 (MLS® C12907188). Summitly updates the price as soon as the MLS® record changes.
Yes — it was first listed at $359,000 and is now $299,000, a drop of $60,000 (16.7%).
The listing for 720 Spadina Ave #111 doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
The nearest rapid-transit station is Spadina Station (Line 1, Line 2), about 370 m (about a 5-minute walk) in a straight line. St. George Station is about 520 m (about a 7-minute walk), and Bathurst Station is about 620 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
Its asking price of $299,000 is about 65% below the median sold price in Toronto over the last 90 days, $844,900, across 9,125 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.
Summitly has no earlier MLS® sale or lease of 720 Spadina Ave #111 on record from the last two years. Older records aren't shown under TRREB rules.
720 Spadina Ave #111 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
232 days — 720 Spadina Ave #111 was listed on March 21, 2026.
About $5,920 at the asking price of $299,000: $2,960 Ontario land transfer tax plus $2,960 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.
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The listing for 720 Spadina Ave #111 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
The listing for 720 Spadina Ave #111 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
