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398 College Street W
University Toronto M5T 1S8

$259,000 /For Sale
Commercial

Main Photo: 398 College Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13489228
Photo 1: 398 College Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13489228
Photo 2: 398 College Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13489228
Photo 3: 398 College Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13489228
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C13489228
Bus Major:
Restaurant
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 Type:
Commercial
Property Sub Type:
Sale Of Business
Freestanding:
No
Retail Area:
1150 sq. ft. Sq Ft
Lot Depth:
0'
Lot Frontage:
0'
Water supply:
Municipal
Zoning:
CR3.0, SS2
Heating type:
Gas Forced Air Closed
Garage:
Street
Possession Details:
FLEXIBLE
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
N/A
Taxes:
$0 / 2026
Assessment:
$- / -
Toronto
Toronto C01
University
No
Ice Machine, Stand Proofer, 2 Cold Prep tables, Deep fry, Griddle, Stove with 10 burners, Soup Stove with 2 burners, 1 hot table(as it), Drink Display Cooler, BBQ Grill, 1 Walk-in cooler and 1 walk-in freezer, 5 TVs.
None
Utilities:
Available
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Restaurant
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
10-8pm
Employees:
5
Chattels:
Yes
LLBO:
No
Seats:
24
Date Listed:
Jun 25, 2026
Original Price:
Previous Price:
  • Photo 1: 398 College Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13489228
    Photo 1 of 3
  • Photo 2: 398 College Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13489228
    Photo 2 of 3
  • Photo 3: 398 College Street W in Toronto: University Commercial for sale (Toronto C01)  : MLS®# C13489228
    Photo 3 of 3
Listed by HOMELIFE KINGSVIEW REAL ESTATE INC.
Data was last updated June 26, 2026 at 03:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.