For Sale

148 Spadina Avenue Unit# 3, Toronto (Waterfront Communities), Ontario M5V2L8

$150,000

148 Spadina Avenue Unit# 3, Toronto (Waterfront Communities), Ontario M5V2L8 is For Sale and has a listing price of 150,000. The property is located in the neighbourhood. It's been on the website for 15 Days.

  • Business
    Property Type
  • 1
    Parking Spaces
  • MLS ID: C11963265
  • Office Name EXP REALTY
Property Description

Location!!! Location!!! Location!!! Great Opportunity To Own This Amazing INS Market Franchise Business at Spadina Ave & Richmond St. W. In the Heart Of Downtown Toronto! Busy Chinatown Intersection With Very High Foot Traffic, TTC At The Doorstep, And New Subway Station Being Built Right Across! Surrounded By High Profiles Restaurants, Hotels And Office Buildings. Loyal Customers For Years. Making Money! Low Monthly Rent of Roughly $6000 Including TMI and Utilities. Monthly Sales Of About 66k to 70k Including Lotto (per seller). Weekly average sales of 17k and Daily Average Sales $2500 to $3000 Including Lotto (per seller). Lotto Commission Between $2500 – $4000/ month Pays More Than Half of The Rent!!!. Inventory Top Up / Replenishment of About $1500 Bi-Weekly. Lease Has More Than 3 Years Left Until May 22, 2028 Renewable for Another 5 Years And So On (New Owner To Discuss Lease Extension Options With Landlord). Large Area of 711 sq. Comes With Employees Washroom And Extra Storage For Cigarettes And Others. Opportunity To Make Even More Money By Adding Alcohol Sale! Don’t Miss This Fantastic, Once In A Lifetime Opportunity To Be Your Own Boss At An Amazing Location Which Matters A Lot!!! (id:43137)

Property Details
  • MLS ID: C11963265
  • Price: $150,000
  • Transaction Types: For Sale
  • Ref ID: 27893312
  • Year Built: N/A
  • Property Type: Business
  • Property Type: Commercial
  • Property Sub Category: Business
Price History
List Date MLS ID List Price Status End Date Closed Price
02/07/2025 C11963265 $150,000 For Sale - -
12/27/2024 C11902543 $150,000 For Sale - -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Toronto (Waterfront Communities)
  • $896,496 Average List Price
    based on 1 year
  • 300 New Listings
    based on 30 days
  • 0 Median Days on Market
    based on 1 year
  • List vs. Selling Price 100 % Below
  • Sold (12mo) 0
  • Rented (12mo) 0

  • 1 Month Change +6.3%
  • 3 Month Change +27.0%
  • 6 Month Change -
Walkscore
Property Type Distribution
  • All Houses
    3.58%
  • Commercial
    1.74%
  • Condo
    94.68%
Additional Details
  • Heat Source Electric
  • Heating System Forced Air
  • Water Municipal Water
  • Cooling System Fully Air Conditioned
  • Total Parking Spaces: 1
  • Fireplace False
  • Taxes: N/A
  • Original Price: $0
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Listing Entry Date: 07/02/2025 00:00:00
  • Zoning Gc
  • Agent Name: AKPA AGNEMEL
  • Last Updated: 19/02/2025 18:49:50
Open House Dates
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