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$160,000

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720 Spadina Avenue

University, Toronto, Ontario M5S2T9

For sale· Added

About this property

Well-established Pita Land franchise operating since 2014 on the main floor of a 17-storey residential tower directly opposite Spadina TTC Station - one of Toronto's busiest transit interchange points connecting Line 1 Yonge-University, Line 2 Bloor-Danforth, and the 510 Spadina streetcar. Steps from the University of Toronto St. George campus, the Royal Ontario Museum, and Bloor Street's dense commercial and residential corridor.1,543 sq ft with 20+ dine-in seats plus a licensed patio - rare outdoor dining space in one of Toronto's highest foot-traffic neighbourhoods. All-inclusive rent of $7,750/month covering all utilities and TMI. Lease secured until January 2030 plus a 5-year renewal option providing exceptional long-term stability for an incoming buyer.Captive customer base from hundreds of tower residents above, combined with thousands of daily TTC commuters, U of T students, faculty, and Annex professionals passing the front door. Key neighbours include Metro, Second Cup, Tim Hortons, Miles Nadal JCC, Scotiabank, and RBC. Uber Eats, DoorDash, and SkipTheDishes fully integrated.

Location

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Property details

Listing

MLS® number
C13577532
Added
Jul 17, 2026 ()
Updated
Jul 17, 2026 ()
Info refreshed

Overview

Property type
Business

Inside

Heating
Forced air, Natural gas
Cooling
Fully air conditioned
Fireplace
No

Land

Zoning
C

Services

Water
Municipal water

Location

Cross streets
Spadina Ave & Bloor St

Running costs

Annual property tax (2025)
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$160,000
720 Spadina Avenue
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