720 Spadina Avenue
720 Spadina Avenue
$160,000
2 days on market
About This Listing
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.
| Monthly Mortgage (P&I) | $697 |
| Property Tax (est.) | $87 |
| Maintenance Fees | $0 |
| Total Monthly Cost | $784 |
Down payment: $32,000 (20.0%) · Mortgage: $128,000
Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.
Property Details
Mosaic Condos
Red Bricks Databy Wycliffe Homes, Pinedale Properties Ltd. · 736 Spadina Avenue
Maint. Fees
0.00
Occupancy
2008
Listing provided by EXP REALTY
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Data last updated: August 22, 2026 at 02:26 p.m.