267 College Street D

Kensington-Chinatown, Toronto, M5T 1R6

$490,000

Photo 1 of 1

Listed 34 days ago · MLS® C13786232

About this home

This established Pizza Nova presents an excellent opportunity to acquire a well-positioned food-service business in a highly active downtown Toronto location. The restaurant benefits from strong pedestrian and vehicle exposure in a vibrant commercial and residential area, surrounded by a dense mix of students, professionals, residents, and other businesses.The location is particularly well suited to a quick-service pizza concept, with takeout and delivery forming an important part of the business model. The store is also well established within the Pizza Nova brand and benefits from the company's broad menu, recognizable name, and established customer base.Online ordering platforms show strong customer engagement at this location, with more than 1,000 ratings on Uber Eats and positive customer feedback highlighting the pizza, hot food, friendly service, and convenience.With its established operation, recognizable franchise brand, strong surrounding demographics, and excellent downtown positioning, this is an attractive opportunity for an owner-operator or investor looking to acquire an established quick-service restaurant with potential for continued growth.

Details

Type
Sale Of Business
Lot
21 × 42 ft
Garage
Street
Neighbourhood
Kensington-Chinatown
Municipality
Toronto C01

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
900 Square Feet

More

Possession
TBD
Cross street
Spadina Ave & College St
Business type
Pizzeria

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Queen's Park Subway13 min walk
  • 🚇 St. Patrick Subway15 min walk
  • 🚆 Toronto Union Station GO2.1 km

Within a 10-minute walk: 10 grocery stores, 349 cafés and restaurants, 19 parks, 26 pharmacies. Nearest grocery: 大統華 T&T Supermarket (150 m). Nearest park: Lillian H. Smith Park (100 m).

Schools nearby

Elementary

  • Lord Lansdowne Junior Public School
    EQAO: Gr 6 reading 89%, math 81%
    3 min walk
  • da Vinci School
    EQAO: Gr 3 reading 80%, math 70%
    4 min walk
  • Westside Montessori School Private5 min walk
  • Beverley School6 min walk

Secondary

  • Subway Academy II Private6 min walk
  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%
    8 min walk
  • Downtown Vocal Music Academy of Toronto Private12 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M5T

Owners / renters
32% / 68%
Median household income
$61,600
Average age
42
Children under 15
7%
Homes
1% detached, 56% high-rise
Commute by transit
24%
Population
17,903

Languages spoken most at home besides English: Mandarin 10.4%, Yue (Cantonese) 9.2%, Vietnamese 1.3%, Spanish 1%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Kensington-Chinatown (2025): 126% above the Toronto average, down 13% from the year before.

  • Assault163% above average
  • Break and enter134% above average
  • Auto theft47% below average
  • Robbery146% above average
  • Theft from vehicles302% above average
  • Shootings169% above average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 4 active

  • 309 AUGUSTA AVE · 250 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposed six storey hotel with restaurant components containing 2194sqm of non-residential gross floor area. No parking is proposed.
    Application details
  • 199 COLLEGE ST · 350 m
    Site Plan · Under Review · applied 2022
    Related App 22 150580 STE 11 OZSite Plan application for proposal for a 31-storey mixed-use building containing 492 purpose-built rental units. The proposed…
    Application details
  • 502 SPADINA AVE · 150 m
    Site Plan · Under Review · applied 2022
    Proposed nine-storey mixed-use building with a residential gross floor area of 8,213 square metres, including 109 affordable rental units, and a…
    Application details
  • 353 COLLEGE ST · 300 m
    Site Plan · NOAC Issued · applied 2018
    Proposal for site plan approval related to a five storey addition to existing hostel with portion of ground floor to be used as retail
    Application details
  • 199 COLLEGE ST · 350 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2026
    Combined Official Plan Amendment (OPA) & Zoning By-law Amendment (ZBA) application for an increase in height from 31to 45-storeys, with a total of 694 units…
    Application details
  • 333 COLLEGE ST · 250 m
    Site Plan · Closed · applied 2025
    A 20-storey privately-owned student residence building containing 17,649 square metres of residential gross floor area and 60 square metres of retail gross…
    Application details

6 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 2 km. Transit times · Driving times

Coming transit

  • 🚧 Chinatown 1.0 km
  • 🚧 Osgoode 1.3 km
  • 🚧 King West GO Transit1.5 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Building permits

  • Interior Alterations · 2023 · Closed
    Interior alterations for new tenant - Go Grill, renovation, new flooring, new plumbing fixtures, equipment, electrical fixture, wall tile,…

5 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

87 City street trees within 100 m, mostly honeys. That’s more than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by RE/MAX METROPOLIS REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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