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Last Updated : 1 Day ago
656 Spadina Avenue, Toronto, ON, University
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656 Spadina Avenue, Toronto MLS Number: C13158638

University, Toronto, ON, M5S 2H7

$199,000

Status: For Sale

  • Property Type: Commercial (Sale Of Business)
  • Property Taxes : $0.0 (Tax Year:2026)
  • Listing Courtesy : Homelink Realty Ltd.

656 Spadina Avenue Property Description

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.

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656 Spadina Avenue Property Facts

Property Type :Commercial
MLS Number :C13158638
Listing Type :Sale
Possession Date :
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Last Updated :21 May, 2026 (1 Day ago)
Source :Toronto Regional Real Estate Board
Area :Toronto
Postal Code : M5S 2H7
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656 Spadina Avenue Property Price & Tax Insights

Price : $199,000
Property Taxes :$0.0
Tax Year :2026

656 Spadina Avenue, Toronto Property Details

Air Conditioning :Yes
Heating :Electric Forced Air
Cross Street :Spadina Ave/Harbord St
Fireplace/Stove :No

656 Spadina Avenue, Toronto - Price History

2026-05

21 May, 2026

TREB #C13158638

Listed

$199000.0

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656 Spadina Avenue - Location Map and Landmarks

  • Spadina Subway, Toronto 0.45 km
  • St George Subway, Toronto 0.59 km
  • Bathurst Subway, Toronto 0.78 km
  • Museum Subway, Toronto 0.84 km
  • Queen'S Park Subway, Toronto 1.04 km
  • Bay Subway, Toronto 1.26 km
  • Christie Subway, Toronto 1.28 km
  • Dupont Subway, Toronto 1.32 km
  • St Patrick Subway, Toronto 1.5 km
  • Wellesley Subway, Toronto 1.52 km
  • Paul Penna Jewish, Toronto 0.35 km
  • Downtown Jewish Community School, Toronto 0.35 km
  • University Of Toronto - Woodsworth College, Toronto 0.48 km
  • Lord Lansdowne Junior & Senior Public School, Toronto 0.49 km
  • Da Vinci School, Toronto 0.49 km
  • Central Technical School, Toronto 0.52 km
  • University Of Toronto - St George Campus, Toronto 0.57 km
  • Ontario College Of Pharmacy, Toronto 0.61 km
  • Ontario College Of Education, Toronto 0.65 km
  • King Edward Junior & Senior Public School, Toronto 0.69 km
  • Krembil Research Institute, Toronto 1.03 km
  • Mount Sinai Hospital Special Pregnancy Program, Toronto 1.06 km
  • Toronto Western Hospital, Toronto 1.13 km
  • Princess Margaret Hosp, Toronto 1.13 km
  • University Health Network - Toronto Western, Toronto 1.15 km
  • University Health Network - Princess Margaret Cancer Centre, Toronto 1.16 km
  • Mount Sinai Hospital, Toronto 1.17 km
  • Sinai Health System - Mount Sinai, Toronto 1.18 km
  • Tgh Peter Munk Cardiac Centre, Toronto 1.2 km
  • Women's College, Toronto 1.23 km
  • Metro, Toronto 0.37 km
  • G'S Fine Foods, Toronto 0.43 km
  • Bloor Superfresh, Toronto 0.47 km
  • Sobey'S, Toronto 0.52 km
  • Bloor-Borden Farmers' Market, Toronto 0.54 km
  • Price War, Toronto 0.77 km
  • Honest Ed'S, Toronto 0.77 km
  • The Village Market, Toronto 0.82 km
  • Perola Supermarket Ltd, Toronto 0.94 km
  • 6X8 Market, Toronto 0.95 km
  • Spadina Avenue and Harbord Street, Toronto 0.04 km
  • St George Street and Harbord Street and Hoskin Avenue, Toronto 0.34 km
  • Spadina Avenue and Spadina Crescent, Toronto 0.36 km
  • Bloor Street West and Spadina Avenue and Spadina Road, Toronto 0.39 km
  • Spadina Crescent and Spadina Avenue, Toronto 0.49 km
  • St George Street and Bloor Street West, Toronto 0.51 km
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FAQs: 656 Spadina Avenue, Toronto

  • Q: Does this Project 656 Spadina Avenue available for Sale ?

    A: The project 656 Spadina Avenue is readily available for Sale and can be purchased at competitive prices today. You can schedule a tour or request a call back for knowing further.
  • Q: How far is this property from my workplace?

    A:You can calculate your travel time and see how this property is far from your Office, your spouse's workplace or your kid's school. You just need to tell us which places you commute to frequently and Square Yards will tell you how far they are from this property.
  • Q:What are the Key Features 656 Spadina Avenue is Offering?

    A:Square Yards is giving a Cashback of $995 if you buy this property from us, however there are several key features offered by the 656 Spadina Avenue. You get + Beds with Bath, central air conditioning, parking space and garage along with a heating system, basement, gas fuel system and balcony.
  • Q:How many Beds & Baths available in 656 Spadina Avenue, Toronto?

    A: 656 Spadina Avenue, Toronto comes with + Beds for maximum convenience and space. There are baths available as well for when you have guests over or if you have a large family!
  • Q:How many Apartments and Condos are available for Sale in Toronto, On?

    A:Toronto, ON is one of the biggest real estate markets in Canada. There are several options available here pertaining to condos and apartments alike. There are approximately apartments and condos available currently for your perusal.
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