For saleMLS® C13885440

3 - 148 Spadina Avenue, Toronto, ON M5V 2L8

Waterfront Communities, Toronto · Near Spadina Ave and Richmond St W · View map

$119,000
711Sq ft
Sale of businessType
Reserved/AssigndGarage
1 totalParking
$119,000
FreeholdNo monthly condo fee
Reserved/Assignd garage1 parking space in total

About this home

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!

The home

Type
Sale of business
Square footage
711 sq ft

Ownership & fees

Ownership
Freehold
Monthly condo fee
None

Heating & cooling

Heating type
Electric Forced Air
Air conditioning
Yes

Garage & parking

Garage
Reserved/Assignd
Driveway spaces
1
Total parking
1

Taxes & other

Tax year
2026
Occupancy
Owner
Possession
Immediate
Cross street
Spadina Ave and Richmond St W
Neighbourhood
Waterfront Communities

More

MLS® number
C13885440

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Want to know something that isn’t listed?
Estimated monthly cost$554per month, all in
  • Mortgage
  • Property tax

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    Estimates only, using Canadian semi-annual compounding, Ontario land transfer tax and Toronto municipal land transfer tax. Mortgage default insurance is added when you put down less than 20%. Your lender and lawyer will confirm exact numbers.

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    148 Spadina Avenue, Toronto, ON M5V 2L8

    Waterfront Communities, Toronto · Near Spadina Ave and Richmond St W

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    Sold history

    Listing history for 148 Spadina Avenue

    See what this home and others at the same address were listed for, what they sold for, and how long it took.

    Sold prices are for members. It’s free, takes a few seconds, and unlocks the sale history on every listing.

    Questions & answers

    Frequently asked questions about 3 - 148 Spadina Avenue

    Answers come straight from this home’s MLS® listing.

    How much is 3 - 148 Spadina Avenue listed for, and what would it cost each month?

    3 - 148 Spadina Avenue is listed for $119,000. With 20% down ($23,800), the mortgage payment would be roughly $480 a month at 4.5% over 30 years. Add property tax and the estimate comes to about $554 a month, all in. That figure is an illustration, not a quote.

    Is 3 - 148 Spadina Avenue freehold or a condo, and is there a monthly fee?

    3 - 148 Spadina Avenue is a sale of business in Waterfront Communities, Toronto. Ownership is freehold: you own the home and the lot. There is no monthly condo fee, so the roof, windows, driveway, snow and lawn are yours to look after.

    Does 3 - 148 Spadina Avenue have a garage and parking?

    Yes. The listing shows the garage as reserved/assignd. The driveway adds 1 space. In total the listing counts 1 parking space.

    What style of home is 3 - 148 Spadina Avenue?

    3 - 148 Spadina Avenue is a sale of business. Commercial property covers retail, office, industrial and investment buildings and businesses for sale or lease.

    How is 3 - 148 Spadina Avenue heated and cooled?

    Heating is electric forced air. Cooling is yes.

    Where is 3 - 148 Spadina Avenue?

    3 - 148 Spadina Avenue is in the Waterfront Communities community of Toronto. The nearest main intersection is Spadina Ave and Richmond St W. The postal code is M5V 2L8.

    Is 3 - 148 Spadina Avenue still for sale?

    Yes. It is an active listing (MLS® C13885440). Listings here update from the board through the day and come down once a home sells.

    What are similar properties near 3 - 148 Spadina Avenue asking?

    Similar properties for sale nearby right now include Upper - 261 Spadina Avenue at $99,000, C8 - 222 Spadina Avenue at $145,000 and 525 W Queen Street W at $125,000. These are asking prices, not sold prices. The Sold history tab shows what homes at this address went for.

    What have homes at 148 Spadina Avenue sold for?

    Recent sales, leases and expired listings for this home and others at the same address are in the Sold history tab, with the price and date of each. It is free for members.

    How do I book a showing at 3 - 148 Spadina Avenue?

    Pick a day and time with Book a Tour on this page. Tours are free, with no obligation, in person or by video. You can also call or text 647-931-3923.

    Have a different question? Ask about this home and get an answer, usually within the hour.

    *Estimated monthly cost assumes 20% down, a 4.5% rate and a 30-year amortization, plus property tax. For illustration only.

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