Aldo Udovicic, BrokerRe/Max Crossroads Realty Inc., Brokerage533 Danforth Rd, Scarborough(416) 438-2536getaldonow@gmail.com
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Listings656 Spadina Avenue

656 Spadina Avenue, Downtown Toronto / Waterfront, ON M5S 2H7

$99,000

activeNEW
MLS® #C13158638CommercialUniversity
0Beds
0Baths
950Sq Ft
656 Spadina Avenue, Downtown Toronto / Waterfront, ON M5S 2H7 - Photo 1
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About This Property

Shakes N Shawarma presents an outstanding opportunity to acquire a fully equipped turn-key restaurant business in one of downtown Toronto's busiest and most recognized commercial corridors. Positioned directly across from the University of Toronto, this highly visible location benefits from exceptional pedestrian and vehicular exposure, steady daily customer traffic, and strong surrounding density from residential, educational, retail, and professional communities. The area attracts a diverse customer base including university students, faculty members, healthcare professionals, office workers, tourists, local residents, rideshare drivers, and delivery traffic throughout the day and evening. Surrounded by Kensington Market, Chinatown, The Annex, Harbord Village, hospitals, office buildings, student housing, condominiums, cafés, banks, grocery stores, pharmacies, bookstores, and entertainment venues, the business benefits from constant activity and year-round demand. The premises are fully equipped for hot and cold food preparation and are suitable for a wide variety of concepts including shawarma, Middle Eastern cuisine, sandwiches, burgers, Indian, Italian, Chinese, bakery, café, dessert, smoothie, juice, salad bar, bubble tea, takeout, or franchise operations. The spacious second-floor dining area offers additional seating capacity and includes two washrooms, creating flexibility for dine-in, takeout, and delivery-focused models.Additional features include potential for a summer courtyard patio, partial garage and basement storage space, efficient operational layout, strong signage exposure, and one dedicated rear parking space. Excellent TTC connectivity and nearby streetcar routes further enhance accessibility for customers and staff.This is a rare opportunity for owner-operators, investors, or expanding restaurant groups seeking a proven high-demand downtown Toronto location with strong long-term growth potential, excellent surrounding demographics.

Property Details

Property Type

Commercial

Status

Active

MLS® Number

C13158638

Bedrooms

0

Bathrooms

0

Interior Sq Ft

950

Neighbourhood

University

Listed

May 21, 2026

Features & Amenities

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Air Conditioning
Basement

Location

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656 Spadina Avenue, Downtown Toronto / Waterfront, ON M5S 2H7

656 Spadina Avenue, Downtown Toronto / Waterfront, ON M5S 2H7

Listing Information

MLS®# C13158638
HOMELINK REALTY LTD.
Listed May 21, 2026

$99,000

Commercial · For Sale

0

Beds

0

Baths

950

Sq Ft

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Re/Max Crossroads Realty Inc., Brokerage — 533 Danforth Rd, Scarborough ON M1K 1C9