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$ 150,000
Est. payment /mo
Active
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 $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 Roughly $6000 (TMI and Utilities Included), Monthly Sales Of About 66k to 70k Including Lotto. Weekly Sales Of About 17k and Daily Average Sales $2000 to $2500. Lotto Commission Of About $2500 - $4000 Per Month Pays More Than Half of The Rent! Inventory Top Up/Replenishment of About $1500 Bi-Weekly. Lease Has More Than 3 Years Left 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
Listed by ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM