5 Baldwin Street, Toronto (Kensington-Chinatown) - Business for Sale
5 Baldwin Street, Toronto (Kensington-Chinatown), Ontario, M5T1L1
Description
LOCATION LOCATION LOCATION! *** Summer is just around the corner- start out with a bang ** Exceptional TURNKEY restaurant opportunity in the heart of Downtown Toronto. ***constant pedestrian traffic*** Prime high-traffic location steps from the University of Toronto and Toronto's vibrant Chinatown, benefiting from strong pedestrian traffic generated by students, faculty, residents, office workers, and visitors year-round. Features approximately 120 indoor seats plus a *** large OUTDOOR PATIO***, offering excellent capacity for dine-in service, private events, and group functions. ***LLBO*** licensed and fully equipped with a commercial kitchen, making it ideal for immediate operation. Strong demographic fundamentals, consistent customer traffic **Excellent visibility and accessibility, surrounded by dense residential communities, educational institutions, retail businesses, and major transit routes. The established layout and infrastructure provide a seamless transition for a new owner or the opportunity to introduce a new concept with minimal startup costs. Significant growth potential through catering, delivery, private events, corporate functions, and extended operating hours. A rare opportunity for owner-operators, restaurateurs, hospitality groups, or investors to acquire a high-capacity licensed restaurant with a large patio in one of Toronto's most sought-after dining destinations. Ample of parking around the area. (id:66096)
Property Details
- MLS®
- C13209262
- Property Type
- Business
- Business Type
- Restaurant
- Zoning
- CR1.5(c1;r1.5*1172), CR1.5(c1;r1.5*2471)
- Bathrooms
- 5
- Parking
- 2
- Frontage
- 30 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $18,000/yr
- Listed
- 160 days ago
Features
- Appliances
- Oven, Microwave, Freezer
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 160 days on market, against an average age of 81 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Kensington-Chinatown) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5T)
This home lists at $328,888, about 5.3× the local median household income of $61,600.
Carrying it typically needs a household income of about $64,243 (20% down, 25-yr amortization, stress-tested) — roughly 4% above the area median.
- Median household income
- $61,600
- Population
- 17,903
- Median age
- 36
- Owner / renter
- 32% / 68%
- Avg. household size
- 1.9
Source: Statistics Canada, 2021 Census (FSA M5T)
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$328,888
Toronto