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Home · Buy · Toronto C01 · 398 College Street W, Toronto, ON M5T 1S8
398 College Street W, Toronto, ON M5T 1S8
398 College Street W, Toronto, ON M5T 1S8
398 College Street W, Toronto, ON M5T 1S8
For Sale · Sale Of Business

398 College Street W, Toronto, ON M5T 1S8

Toronto C01 · University
◷82 days on market
▾ PRICE CHANGE
Street garage
—
Beds
—
Baths
—
Parking
—
Sq ft
—
Built

About this home

Prime Location on Vibrant College Street! Excellent opportunity to own a thriving restaurant business in one of Toronto's busiest commercial corridors. Located in a high-traffic area with exceptional pedestrian and vehicle exposure, this beautifully renovated space is currently operating as a successful Vietnamese Banh Mi and Pho restaurant with consistent income and a loyal clientele. Featuring almost-new chattels and equipment, updated mechanical systems, and significant potential for future growth and increased revenue. The prominent corner location offers outstanding visibility and is ideal for a wide range of retail or restaurant concepts. Approximately 1,150 sq. ft. on the main/ground level with two washrooms, plus an additional 1,200 sq. ft. on the lower level, providing ample space for operations, storage, or expansion. Conveniently situated near the University of Toronto, Kensington Market, Little Italy, and numerous condominium developments, benefiting from strong residential and student traffic. Easily adaptable to virtually any cuisine, restaurant concept, or franchise operation. A rare opportunity to establish or expand your business in a highly desirable downtown Toronto

Property details

Listed on
June 25, 2026
Days on market
82 days
Property tax
$0 (2026)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
C13489228

Full details

Parking
GarageStreet

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
June 25, 2026—$189,000For SaleC13489228
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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$1,615
Toronto municipal LTT$1,615
Legal · title · inspection$2,800
Closing costs$6,030
Down payment$37,800
Total cash to close$43,830
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.
$189,000
MLS® C13489228 · Listed by HOMELIFE KINGSVIEW REAL ESTATE 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 KINGSVIEW REAL ESTATE 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 August 4, 2026.

$189,000

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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.

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