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3 148 Spadina Avenue
Waterfront Communities C1 Toronto M5V 2L8

$150,000 /For Sale
Commercial

Main Photo: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 1: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 2: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 3: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 4: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 5: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 6: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 7: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 8: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 9: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 10: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 11: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 12: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 13: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Photo 14: 3 148 Spadina Avenue in Toronto: Waterfront Communities C1 Property for sale (Toronto C01)  : MLS®# C11902543
Status:
Active
Prop. Type:
Commercial
MLS® Num:
C11902543
Bus Major:
Convenience/Variety
Location!!! Location!!! Location!!! INS Market Franchise Business For Sale at Spadina Ave & Richmond St. W. Busy Intersection in The Heart of Downtown Toronto's China Town With A very High Foot Traffic, The Store Faces Directly The Street. Public Transit (TTC) Streetcars At The Door With A Brand New Subway Station Being Built Right Next To It, Which Will Drive Even More Traffic To The Store. Surrounded By High Profiles Restaurants, Hotels, Office Buildings, Luxury Condos Etc. Loyal Customers For Years. Making Money! Low Monthly Rent of Roughly $5500 Including HST. Monthly Sales Of About 65k 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 $3000 - $4000/ month Pays Half of The Monthly Rent!!!. Inventory Top Up / Replenishment of About $1500 Bi-Weekly. Lease has 3+ More Years Left Until May 21st , 2028 With An Option For 5 Years Extension. Large Area of 711sq. Comes With Employees Washroom And Extra Storage Area In The Store Where Extra Inventory, Supplies, And Non-Display Items Are Kept. Its Typically Used For Stock Management, Organization, And Replenishing Shelves.. 1 Parking Spot Is Available In The Back Of The Store. Opportunity To Make Even More Money By Adding Alcohol Sale (Highly Demanded By Clients), Western Union Money Transfer, Uber Eats And DoorDash Orders, All Built-in Into The POS System And Ready To Be Activated By The New Owner! Bitcoin and ATM Machine At The Store Bring More Income and Traffic To The Store. With One Employee Capable Of Running The Store, This Is An Ideal Opportunity For A Residual Income While Keeping Your Regular Work And Activities! Don't Miss This Opportunity To Be Your Own Boss!!!
Property Type:
Commercial
Commercial Type:
Sale Of Business
Total Area:
711 sq. ft.
Retail Area:
711 sq. ft.
Zoning:
Commercial
Heating type:
Elec Forced Air
Basement:
None
Garage:
Reserved/Assignd
Total Parking Spaces:
1
Possession Details:
IMMEDIATE
Taxes:
$0 / 2024
Assessment:
$- / 2024
Waterfront Communities C1
All Chattels Included Except ATM & Bitcoin Machines (Which Belong To Their Respective Suppliers Who Pay Respectively Commission & Monthly Rent to The Store). Inventory Is Separate And Valued Approximately Between 40K And 50K.
Water supply:
Municipal
Seller Property Info Statement:
Yes
Air Conditioning:
Y
Chattels:
Yes
Log/Bldg/Unit Code:
Building
Type Taxes:
Annual
Category:
Without Property
Major Business Type:
Convenience/Variety
Seats:
1
Days Open:
7
Hours Open:
8AM - 1
Employees:
1
Financial Statements:
Yes
Franchise:
Yes
LLBO:
No
Date Listed:
Dec 30, 2024
Original Price:
Previous Price:
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Listed by EXP REALTY
Data was last updated January 3, 2025 at 05:55 AM (UTC)
JARROD  ARMSTRONG
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