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SAGE Real Estate Ltd., Brokerage logo

Mark Savel

SAGE Real Estate Ltd., Brokerage

2010 Yonge St, Toronto, ON M4S 1Z9, Canada

Phone: 416-483-8000

Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

© 2026 Mark Savel. All rights reserved.

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MLS# C12779864Kensington-Chinatown, Toronto · M5V 2A6
For SaleSale Of Business

390 Queen Street W

$199,000
73d on market
MLS# C12779864Kensington-Chinatown, Toronto · M5V 2A6
For SaleSale Of Business

390 Queen Street W

$199,000

73 days on market

Bedrooms
—
Parking
None
OverviewHistoryDetailsNeighbourhood

Listing History — This Unit

Sign in to see the full listing history.
Feb 09, 2026(2mo ago)·73 DOM
$199,000
Active
AREA REALTY INC.
C12779864Current
Jan 01, 2024
$000,000Terminated

(Sign-in required)

About This Listing

Excellent opportunity to acquire a well-known Gong Cha bubble tea location in the heart of downtown Toronto at the vibrant Queen & Spadina corridor. Situated within one of the city's busiest pedestrian nodes, the store benefits from constant foot traffic generated by surrounding retail, residential towers, and nearby post-secondary campuses. Steps to TTC streetcar routes and surrounded by restaurants, cafés, and nightlife, this location attracts steady daytime, evening, and weekend customers year-round. Gong Cha is an internationally recognized beverage brand with a strong following and proven demand for premium bubble tea, milk teas, and specialty drinks. The business features a modern build-out, and strong brand recognition.

Property Details

MLS NumberC12779864
Property TypeSale Of Business
StyleWithout Property
Listing TypeFor Sale
StatusActive
Parking TypeNone
Days on Market73
Listed2026-02-09
CommunityKensington-Chinatown
MunicipalityToronto
Cross StreetQueen & Spadina

Location & nearby

│
100
Walk
100
Transit

390 Queen Street W

Nearby schools

Closest publicly funded schools within 5 km, ranked by EQAO standardized test scores

Elementary

3 schools

Ogden Junior Public School

170 m
PublicGrades JK-6
EQAO scoreStrong
69 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R76%▼ 13.0W68%▼ 15.0M56%▼ 5.0
Grade 6R77%▼ 23.0W85%▼ 6.0M53%▼ 11.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

230 students0% Special Ed0% Gifted

ALPHA Alternative Junior School

356 m
PublicGrades JK-6
EQAO data not available
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown

R = Reading · W = Writing · M = Math · arrows show 3-year change

75 students0% Special Ed0% Gifted

Ryerson Community School Junior Senior

535 m
PublicGrades JK-8
EQAO scoreAverage
52 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 3R60%▲ 21.0W55%▲ 27.0M40%▲ 12.0
Grade 6R65%▼ 17.0W65%▼ 17.0M26%▼ 50.0

R = Reading · W = Writing · M = Math · arrows show 3-year change

335 students15% Special Ed0% Gifted

Secondary

3 schools

Oasis Alternative Secondary School

358 m
PublicGrades 9-12
EQAO data not available
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown

Arrows show 3-year change

80 students60% Special Ed0% Gifted

Heydon Park Secondary School

714 m
PublicGrades 9-12
EQAO scoreBelow avg
8 / 100
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown
Grade 9 Math8%▼ 1.0

Arrows show 3-year change

130 students95% Special Ed0% Gifted

Contact Alternative School School

766 m
PublicGrades 9-12
EQAO data not available
Per-grade breakdown & demographics▾
Per-grade EQAO breakdown

Arrows show 3-year change

60 students50% Special Ed0% Gifted

EQAO score is the average of available reading, writing & math results, 0–100 · Source: Ontario Ministry of Education

PublicCatholicFrench

Transit access

Nearest rapid transit and bus stops

M
Nearest subway
Osgoode Station - Southbound Platform
859 m · every 3 min at peak
1
S
Nearest streetcar
Spadina Ave at Queen St West North Side
55 m · every 5 min at peak
310510

Bus stops within 800 m

3 stops
  • Bathurst St at Queen St West
    307
    591 m
  • Bathurst St at King St West
    307
    711 m
  • Bathurst St at King St West
    307
    714 m

Source: TTC GTFS · straight-line distances · routes shown are short names

Nearby amenities

770 within a 10-min walk · 2513 within 20 min · click a card to see the closest ones

Daily essentials

🛒
Grocery
30within 800 m
+47more by 1.6 km
7 within a 5-min walk
  • Fresh Picked Fresh Produce & Flowers272 m
  • HongKong Island Dim Sum House323 m
  • Independent CityMarket337 m
🏪
Convenience
27within 800 m
+67more by 1.6 km
6 within a 5-min walk
  • INS Market75 m
  • Circle K107 m
  • Sunny Convenience225 m
🏦
Bank / ATM
26within 800 m
+101more by 1.6 km
6 within a 5-min walk
  • CIBC100 m
  • BMO213 m
  • TD301 m
💊
Pharmacy
12within 800 m
+50more by 1.6 km
2 within a 5-min walk
  • Toronto Manning Drug Mart364 m
  • Shoppers Drug Mart394 m
  • Shoppers Drug Mart414 m
📮
Post
7within 800 m
+21more by 1.6 km
1 within a 5-min walk
  • Toronto Station B Canada Post241 m
  • Toronto King Street Canada Post450 m
  • The UPS Store493 m

Food & drink

🍽️
Restaurants
361within 800 m
+741more by 1.6 km
84 within a 5-min walk
  • Gyuki5 m
  • Banh Mi Boys5 m
  • Stacked12 m
☕
Coffee
78within 800 m
+227more by 1.6 km
12 within a 5-min walk
  • Gong Cha3 m
  • Chatime46 m
  • Le Gourmand67 m
🍺
Bars & pubs
72within 800 m
+76more by 1.6 km
11 within a 5-min walk
  • Cameron House59 m
  • Horseshoe Tavern85 m
  • Wings & Beer Sports Bar122 m

Recreation

🏋️
Fitness
21within 800 m
+26more by 1.6 km
9 within a 5-min walk
  • 161 Boxing Club100 m
  • Basecamp117 m
  • Yogatree126 m
🏛️
Community
13within 800 m
+17more by 1.6 km
4 within a 5-min walk
  • Wagner Green YMCA124 m
  • Eva's Phoenix235 m
  • Assessment and Referral Centre302 m
🎭
Entertainment
9within 800 m
+29more by 1.6 km
1 within a 5-min walk
  • Musideum185 m
  • Scotiabank Theatre Toronto445 m
  • TIFF Lightbox561 m
📚
Libraries
2within 800 m
+12more by 1.6 km
  • Dorothy H. Hoover Library752 m
  • Toronto Public Library - Sanderson785 m
  • Paul B. Helliwell Patient & Family Library915 m
🌳
Parks
6within 1.6 km
  • Gardens of Justice921 m
  • Podium Green Roof1.2 km
  • Peter Street Basin Park1.3 km

Services & shops

🛍️
Shops
83within 800 m
+189more by 1.6 km
37 within a 5-min walk
  • Getoutside Shoes84 m
  • Urban Outfitters96 m
  • Due West100 m
🏥
Healthcare
26within 800 m
+123more by 1.6 km
4 within a 5-min walk
  • For Health's Sake54 m
  • soho Dental127 m
  • Fashion District Dental162 m
⛽
Gas / EV
2within 800 m
+6more by 1.6 km
  • Petro-Canada498 m
  • Shell525 m
  • Tesla Destination Charger835 m
🧸
Daycare
1within 800 m
+5more by 1.6 km
1 within a 5-min walk
  • Kids & Company242 m
  • City Kids Child Care Centre933 m
  • Downtown Montessori Concord CityPlace1.0 km

© OpenStreetMap contributors · counts are amenities tagged in OSM within walking distance

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Listing provided by AREA REALTY INC.

Based on information from the Toronto Regional Real Estate Board (TRREB). All information deemed reliable but not guaranteed and should be independently verified. The accuracy of information is not guaranteed, has not been verified, and does not constitute professional advice.

IDX information is provided exclusively for consumers' personal, non-commercial use. It may not be used for any purpose other than identifying prospective properties consumers may be interested in purchasing or renting.

Sold and leased listing data is provided under the Virtual Office Website (VOW) data feed and is available only to registered users who have agreed to the Terms of Use. This data is for personal, non-commercial use only and may not be copied, redistributed, or retransmitted.

MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

This listing content is not intended to solicit properties already listed for sale or individuals who are currently under contract with a brokerage.

Data last updated: April 22, 2026 at 03:41 a.m.