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$ 119,000
Est. payment /mo
New
148 Spadina AVE #3 Toronto C01, ON M5V 2L8
711 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 711 sqft
Price per Sqft $167
Municipality Toronto C01
Subdivision Waterfront Communities C1
MLS Listing ID C13885440
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
Location! Location! Location! Rare Opportunity! Own a Thriving INS Market Franchise in Downtown Toronto! An exceptional opportunity to own a well-established INS Market Franchise located at the high-demand intersection of Spadina Ave & Richmond St. W., right in the heart of downtown Toronto's vibrant Chinatown district. This store benefits from extremely high pedestrian traffic, TTC access at the doorstep, and a new subway station under construction directly across the street, making this location even more valuable for future growth. Surrounded by popular restaurants, hotels, offices, and residential buildings, the store enjoys a loyal customer base built over years of excellent service. Business Highlights: * Strong monthly sales of approximately $66,000-$70,000 including Lotto (as per seller) * Weekly average sales approximately $17,000 * Daily average sales approximately $2,000-$2,400 including Lotto * Lotto commission approximately $2,500-$4,000/month, helping cover a significant portion of rent * Recently added alcohol and wine sales, creating additional revenue opportunities * Low monthly rent of approximately $5,900 including TMI and utilities * Inventory replenishment approximately $1,500 bi-weekly* Spacious 750sq. ft. layout with employee washroom and additional storage space* Lease secured until May 22, 2028, with renewal options available (subject to landlord discussion)This is a rare chance to own a profitable convenience store business in one of Toronto's most desirable and high-traffic locations. Dedicated loading dock at the back of the store. A perfect opportunity for an entrepreneur looking to become their own boss with a proven business model and strong earning potential. Location matters - and this location delivers! Don't miss this incredible opportunity! Motivated Seller!
Location
Province ON
County Toronto
Community Toronto C01
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit, Subways
Others
ParcelsYN No
Virtual Tour https://www.winsold.com/tour/417707
Listed by ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM
NEARBY SCHOOLS & PROPERTIES