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Home · Buy · Toronto C01 · 720 Spadina Avenue 111, Toronto, ON M5S 2T9
720 Spadina Avenue 111, Toronto, ON M5S 2T9
720 Spadina Avenue 111, Toronto, ON M5S 2T9
720 Spadina Avenue 111, Toronto, ON M5S 2T9
720 Spadina Avenue 111, Toronto, ON M5S 2T9
720 Spadina Avenue 111, Toronto, ON M5S 2T9+ 24 photos
For Sale · Sale Of Business

720 Spadina Avenue 111, Toronto, ON M5S 2T9

Toronto C01 · University
◷177 days on market
▾ PRICE CHANGE
Pay garage
—
Beds
—
Baths
—
Parking
3890 sq ft
Sq ft
—
Built

About this home

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!

Property details

Listed on
March 22, 2026
Days on market
177 days
Property tax
$0 (2026)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
C12907188

Full details

Parking
GaragePay

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
March 22, 2026—$299,000For SaleC12907188
🔒

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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$2,960
Toronto municipal LTT$2,960
Legal · title · inspection$2,800
Closing costs$8,720
Down payment$59,800
Total cash to close$68,520
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$299,000
MLS® C12907188 · Listed by HOMELIFE/BAYVIEW REALTY INC.
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006
One team. No spam. We reach out once — when you ask.

Listing courtesy of HOMELIFE/BAYVIEW REALTY INC.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated June 9, 2026.

$299,000

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Neighbourhood market

The University market

How homes are selling here right now — sold data for July 2026.

Balanced marketAll home types in University · 26 sales over 3 months
Buyer'sBalancedSeller's

Homes in University are selling near asking in about 32 days. Neither side has the upper hand right now.

Median sold · University
$1,420,000
Homes sold · this month
7
30 days on market avg
Sold vs asking
106.1%
over asking — seller's market
Other median · Toronto Central
—
12-month trend
See the full Toronto Central market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

Comparables

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