148 Spadina Avenue 3, Toronto, ON M5V 2L8 — photo 11 / 24

Waterfront Communities C1 · For sale

148 Spadina Avenue 3, Toronto, ON M5V 2L8

$119,000

Status
For sale
List price
$119,000
Bedrooms
0
Bathrooms
0
Type
Sale Of Business
Days on market
30
MLS®
C13885440
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM

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!

Property details

Garage
Reserved/Assignd
Cooling
Yes
Lot dimensions
0 × 0 Feet
Heating
Electric Forced Air
Annual taxes
$0 (2026)
Possession
Immediate

Features

  • Public Transit
  • Subways