$359,000 +stock
FOR SALE

Business for Sale

Restaurant

720 Spadina Ave #111
Toronto, ON M5S 2T9 | University

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!
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Listed By HOMELIFE/BAYVIEW REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number C12907188
Last Updated Mar 22, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Restaurant
Franchise Non-Franchise
Possession Date Immediate
Directions/Cross Streets Bloor/Spadina
Neighbourhood University
Area Toronto
Price History

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Detailed Information
Air Conditioning Yes
Chattels Y
Garage Type Pay
Heat Type Gas Forced Air Closed
Financial Statement Y

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