For SaleSale Of Business

148 Spadina Avenue, Unit 3

$119,000
750 sqft$159/sq ft58d on market
Fabrik CondosbyMenkes Developments Ltd.
MLS# C13486302Waterfront Communities C1, Toronto · M5V 2L8
Bedrooms
Size
750 sq ft
Parking
1 Reserved/Assignd

About This Listing

Prime Location! Prime 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!

Monthly Mortgage (P&I)$518
Property Tax (est.)$64
Maintenance Fees$0
Total Monthly Cost$583

Down payment: $23,800 (20.0%) · Mortgage: $95,200

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberC13486302
Property TypeSale Of Business
StyleWithout Property
Listing TypeFor Sale
StatusActive
Size750 sq ft
Parking Spaces1
Parking TypeReserved/Assignd
Days on Market58
Listed2026-06-24
CommunityWaterfront Communities C1
MunicipalityToronto
Cross StreetSpadina Ave & Richmond St W
Fabrik Condos

Fabrik Condos

Red Bricks Data

by Menkes Developments Ltd. · 435 Richmond Street West

17 Storeys174 SuitesCompleteWalk 100Transit 100

Maint. Fees

0.00

Parking

$55,000

Occupancy

2016

Live MLSFor Rent: 1 active
Games RoomFireplaceGuest SuiteDining AreaPet Grooming RoomTerraceConciergeTheatre Room+5 more
View full building profile

Listing provided by ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM

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Data last updated: August 22, 2026 at 06:26 p.m.