148 Spadina Avenue 3, Toronto C01

$119,000
148 Spadina Avenue 3

$119,000

New
18d
Sale Of Business

148 Spadina Avenue 3, Toronto C01

Total Monthly Obligation $855

Beds
0
Baths
0
Park
1
DOM
18d
Property Type-Sale Of Business
MLS® Number-C13885440
Beds-0
Listed on site-Oct 5, 2026
Building Type-Sale Of Business
Parking-Reserved/Assignd
Heating-Electric Forced Air
Brokerage-ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM
Cooling-Yes
Fireplace-No
Pool-None
Possession-Immediate
Neighbourhood-Waterfront Communities C1
Title-Commercial

No agent assigned

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!

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Closing Costs

Mortgage Amount
$95,200
Land Transfer Taxes$915
Legal Fees (Est.)
$
Total cash required for closing$26,215

Total Monthly Obligation

$855/mo
Mortgage $480
Monthly Loss $729
Principal$126
Interest$354
Home Insurance$125
Variable Costs$250

No rent estimate available. Enter a monthly rent in Assumptions & Inputs below to calculate.

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*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 148 Spadina Avenue 3

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