3 - 148 Spadina Avenue,Toronto (Waterfront Communities), ON M5V2L8
Toronto (Waterfront Communities), ON M5V2L8
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! (id:374)
Details
| MLS # | C13885440 |
|---|---|
| Listing Type | For Sale |
| Status | Active |
| Days On Site | 9 |
| Listing Provided By | ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM | AKPA AGNEMEL |
Features
| SQ Feet | 711 |
|---|---|
| Zoning | Commercial |
Interior
| Cooling | Fully air conditioned |
|---|---|
| Heating | Forced air |
| Fireplace Yes / No | No |
Parking
| Parking Total | 1 |
|---|
Utilities
| Water Source | Municipal water |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|
Area Information
| Province | ON |
|---|---|
| City | Toronto (Waterfront Communities) |
| Postal Code | M5V2L8 |
| Listing VS Median (in M5V2L8) | |
Price: $119,000 low | high Med: $119,000 sqft: 711 low | high Med: 711 $ / sqft: $167 low | high Med: $167 On site: 9 low | high Med: 9 | |
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Learn More About This Property
| Province | ON |
|---|---|
| City | Toronto (Waterfront Communities) |
| Postal Code | M5V2L8 |
| Listing VS Median (in M5V2L8) | |
Price: $119,000 low | high Med: $119,000 sqft: 711 low | high Med: 711 $ / sqft: $167 low | high Med: $167 On site: 9 low | high Med: 9 | |
