Location! Location! Location! Fantastic Opportunity To Own This Amazing INS Market Franchise Convenience Store Located at 148 Spadina Ave At Richmond St In Downtown Toronto! Nestled With Busy Chinatown And Toronto's Nightlife Vibrant Nightclubs And Live Music Venues And Entertainments, The Store Offers A Very High Foot Traffic, TTC Streetcars And Buses At The Door And A New TTC Subway Station Being Built Right Besides It! The Store Is Also Surrounded By High Profiles Business Including Restaurants, Hotels And Office Buildings and Has Loyal Customers For Years! Making Money! Low Monthly Rent of $5664 (including TMI), Monthly Sales Of About 50K Including Lotto. Average Lotto Commission Of About $2500 - $3500 Per Month Pays More Than Half of The Rent! Average Take Home between 7K - 10K Per Month! Lease Has More Than 3 Years Until May 22, 2028 With 5 Years Extension Option! The Large Area of 711 sq. Comes With An Employees Washroom And Extra Storage For Cigarettes And Others. Store Has Been Approved For Alcohol Sale Which Adds To The Opportunity Of Making Even More Profit In 24 Hours Busy Downtown Toronto With Maple Leafs, Blue Jays, Raptors Games, Concerts, And Business Events Etc. Don't Miss This Great Opportunity To Be Your Own Boss In The Landmark Downtown Toronto. Finally With The Possibility Of Opening Longer Hours, The Money Making Possibilities Are Endless! Act Quick!
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Total Area:
711 sq. ft. Square Feet
Total Area:
711 sq. ft.66.1 m2
Retail Area:
711 sq. ft. Sq Ft
Depth:
0'0 m
Frontage:
0'0 m
Water supply:
Municipal
Zoning:
Commercial
Heating type:
Electric Forced Air
Garage:
Reserved/Assignd
Parking Spaces:
1
Possession Details:
Immediate/TBD
HST Applicable To Sale Price:
Not Subject to HST
Type Taxes:
Annual
Taxes:
$0 /
2025
Assessment:
$- /
-
Toronto C01
Waterfront Communities C1
Toronto
Public Transit, Subways
Rental Equipment Like ATM And Bitcoin Machine Belongs To Their Respective Providers
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website.
The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.