148 Spadina AVE #3 Active Save Request In-Person Tour Request Virtual Tour
Toronto C01,ON M5V 2L8
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 711 sqft
Price per Sqft $210
Subdivision Waterfront Communities C1
MLS Listing ID C12295375
Tax Year 2025
Property Sub-Type Sale Of Business
Property Description
Location! Location! Location! Fantastic Opportunity To Own This Amazing INS Market Franchise Convenience Store Located at 148 Spadina Ave At Richmond St In Downtown Toronto! Nestled With Busy Chinatown And Toronto's Nightlife Vibrant Nightclubs And Live Music Venues And Entertainments, The Store Offers A Very High Foot Traffic, TTC Streetcars And Buses At The Door And A New TTC Subway Station Being Built Right Besides It! The Store Is Also Surrounded By High Profiles Business Including Restaurants, Hotels And Office Buildings and Has Loyal Customers For Years! Making Money! Low Monthly Rent of $5664 (including TMI), Monthly Sales Of About 50K Including Lotto. Average Lotto Commission Of About $2500 - $3500 Per Month Pays More Than Half of The Rent! Average Take Home between 7K - 10K Per Month! Lease Has More Than 3 Years Until May 22, 2028 With 5 Years Extension Option! The Large Area of 711 sq. Comes With An Employees Washroom And Extra Storage For Cigarettes And Others. Store Has Been Approved For Alcohol Sale Which Adds To The Opportunity Of Making Even More Profit In 24 Hours Busy Downtown Toronto With Maple Leafs, Blue Jays, Raptors Games, Concerts, And Business Events Etc. Don't Miss This Great Opportunity To Be Your Own Boss In The Landmark Downtown Toronto. Finally With The Possibility Of Opening Longer Hours, The Money Making Possibilities Are Endless! Act Quick!
Location
Province ON
County Toronto
Community Waterfront Communities C1
Area Toronto
Interior
Cooling Yes
Exterior
Community Features Public Transit,Subways