148 Spadina Avenue, Unit 3
148 Spadina Avenue, Unit 3
$119,000
$159/sq ft · 58 days on market
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

Fabrik Condos
Red Bricks Databy Menkes Developments Ltd. · 435 Richmond Street West
Maint. Fees
0.00
Parking
$55,000
Occupancy
2016
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.