Toronto, ON M5V2L8 148 Spadina Avenue # 3

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Presented By: EXP REALTY
  • MLS# C11963265
  • 02/07/2025
  • Request Tour
  • Request Info
  • SQFT • 711
  • Garage • 1

Home Details

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!!!
Presented By: EXP REALTY

Interior Features for 148 Spadina Avenue # 3

Bedrooms

Bedrooms

Other Interior Features

SeatingCapacity1
Air Conditioning Y/NNo
Basement (Y/N)No
Elevator?No
Fireplace Y/NNo
Heating Y/NNo

General for 148 Spadina Avenue # 3

Attached Garage No
Building Area UnitsSquare Feet
Business NameTHE MORGAN
Business TypeConvenience/Variety
CityToronto C01
CoolingYes
CountyToronto
Electric On Property Y/NNo
Garage Y/NNo
Heater TypeElectric Forced Air
Lot Depth0.0
Lot Size UnitsFeet
ModificationTimestamp2025-04-21T22:49:15Z
New ConstructionNo
Occupancy TypeOwner
Parking Spaces 1
Property Attached Y/NNo
Property SubtypeSale Of Business
Property TypeCommercial
Senior Community Y/NNo
Standard StatusPending
StatusSold Conditional
Tax Annual Amount0.0
Tax Year2024
Unit Number3
Waterfront Y/NNo

Exterior for 148 Spadina Avenue # 3

Building Area Total711.0
Garage TypeReserved/Assignd
SpaNo

Additional Details

Zayd Hamamiyah

Realtor ®, BBA Hon.
Price $150,000
MLS#C11963265
List Date 02/07/2025
Property Type Commercial
Phone 289.816.2923
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