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

720 Spadina Avenue, Toronto, ON M5S 2T9

Toronto C01 · University
◷60 days on market
—
Beds
—
Baths
—
Parking
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Sq ft
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Built

About this home

Well-established Pita Land franchise operating since 2014 on the main floor of a 17-storey residential tower directly opposite Spadina TTC Station - one of Toronto's busiest transit interchange points connecting Line 1 Yonge-University, Line 2 Bloor-Danforth, and the 510 Spadina streetcar. Steps from the University of Toronto St. George campus, the Royal Ontario Museum, and Bloor Street's dense commercial and residential corridor.1,543 sq ft with 20+ dine-in seats plus a licensed patio - rare outdoor dining space in one of Toronto's highest foot-traffic neighbourhoods. All-inclusive rent of $7,750/month covering all utilities and TMI. Lease secured until January 2030 plus a 5-year renewal option providing exceptional long-term stability for an incoming buyer.Captive customer base from hundreds of tower residents above, combined with thousands of daily TTC commuters, U of T students, faculty, and Annex professionals passing the front door. Key neighbours include Metro, Second Cup, Tim Hortons, Miles Nadal JCC, Scotiabank, and RBC. Uber Eats, DoorDash, and SkipTheDishes fully integrated.

Property details

Listed on
July 17, 2026
Days on market
60 days
Property tax
$0 (2026)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
C13577532

Full details

Parking
GarageNone

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
July 17, 2026—$160,000For SaleC13577532
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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$1,325
Toronto municipal LTT$1,325
Legal · title · inspection$2,800
Closing costs$5,450
Down payment$32,000
Total cash to close$37,450
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.
$160,000
MLS® C13577532 · Listed by EXP REALTY
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 EXP REALTY. 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 July 17, 2026.

$160,000

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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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