Home · Buy · Toronto C01 · 398 College Street W, Toronto, ON M5T 1S8
For Sale · Sale Of Business
398 College Street W, Toronto, ON M5T 1S8
Toronto C01 · University
Street garage
0
Beds
—
Baths
0
Parking
—
Sq ft
—
Built
The honest picture
List price
$259,000
Renavu Estimate
—
Benchmark · All homes
$1,236,100
Listed 79% below the University benchmark for all homes homes (TRREB HPI, June 2026). Estimate for guidance only — not an appraisal.
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
29 days
Property tax
$0 (2026)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
C13489228
Full details
Parking
GarageStreet
Property & sold history
🔒
See this home's sale & listing history
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What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 5.0%
$
Down:or type any amount above
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$2,360
Toronto municipal LTT$2,360
Legal · title · inspection$2,800
Closing costs$7,520
Down payment$12,950
Total cash to close$20,470
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.