414 Dundas Street W

Kensington-Chinatown, Toronto, M5T 1G7

$258,000

Reduced $111,000 from $369,000

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Listed 135 days ago · MLS® C13410150

About this home

Location! Location! Location!Rare Opportunity to Own a Well-Established and Highly Recognized Restaurant in the Heart of Chinatown, Downtown Toronto, Just Steps to Spadina Ave, Dundas St W and the Art Gallery of Ontario (AGO). This Iconic Restaurant Has Been Successfully Operating for Over 15 Years and Has Built a Strong Reputation with Loyal Local Customers, Students, Office Workers and Tourists from Around the World.Fully Equipped Commercial Kitchen Featuring a Large Commercial Exhaust Hood System, Huge Walk-In Cooler and Walk-In Freezer, Extensive Food Preparation Areas, Ample Storage Space, and Significant Capital Improvements Invested by the Current Owner. Turnkey Operation with Excellent Sales and Strong Cash Flow.Situated in One of Toronto's Busiest Pedestrian and Tourist Corridors with Exceptional Exposure and Constant Foot Traffic Year-Round. Strong Existing Customer Base and Outstanding Online Reputation.Don' Miss This Exceptional Opportunity - Low Rent !Must See!

Details

Type
Sale Of Business
Garage
Outside/Surface
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
2,000 Square Feet

More

Possession
TBA
Cross street
Dundas/Spadina
Business type
Restaurant

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

  • 🚇 St. Patrick Subway9 min walk
  • 🚇 Osgoode Subway12 min walk
  • 🚆 Toronto Union Station GO1.6 km

Within a 10-minute walk: 20 grocery stores, 520 cafés and restaurants, 22 parks, 26 pharmacies. Nearest grocery: Sun Ming Hong (50 m). Nearest park: Grange Park (300 m).

Schools nearby

Elementary

  • Cornerstone Preparatory School Private4 min walk
  • Beverley School4 min walk
  • Ogden Junior Public School
    EQAO: Gr 6 reading 77%, math 53%
    6 min walk
  • Orde Street Public School
    EQAO: Gr 6 reading 89%, math 64%
    9 min walk

Secondary

  • Heydon Park Secondary School
    EQAO: Gr 9 math 8%
    2 min walk
  • Subway Academy II Private4 min walk
  • Contact Alternative School6 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 8 active

  • 50 STEPHANIE ST · 350 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Combined Official Plan & Zoning By-law Amendment for an 11-storey purpose-built rental residential building atop a 3-storey podium. The proposed development…
    Application details
  • 250 DUNDAS ST W · 450 m
    Official Plan / Zoning By-law Amendment · Council Approved · applied 2024
    Combined Official Plan Amendment (OPA) & Zoning By-law Amendment (ZBA) application for an increase in height from 49 to 57-storeys, a reduction in the required…
    Application details
  • 234 SIMCOE ST · 500 m
    Plan of Condominium · Draft Plan Approved · applied 2024
    Standard Draft Plan of Condominium for 17 non-residential units.
    Application details
  • 184 SPADINA AVE · 500 m
    Site Plan · NOAC Issued · applied 2021
    Site Plan Approval for a hotel development comprised of two towers, one fronting Spadina Avenue (14 storeys - 41.45 metres including the mechanical penthouse)…
    Application details
  • 250 DUNDAS ST W · 450 m
    Plan of Subdivision · Under Review · applied 2021
    Draft Plan of Subdivision for 4 blocks.
    Application details
  • 250 DUNDAS ST W · 450 m
    Site Plan · Under Review · applied 2020
    INACTIVE Proposal for a 49-storey mixed-use building comprised of 441 residential dwelling units, including 26 affordable housing units. The proposal will have…
    Application details

14 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 550 m
  • 🚧 Osgoode 750 m
  • 🚧 King West GO Transit1.2 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

No building permits at this address since 2014.

8 permits on this block of the street in the last 2 years, including 1 new home.

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

Trees

24 City street trees within 100 m. That’s fewer 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 HC REALTY GROUP INC..

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

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