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Toronto C01, ON M5V 2L8,148 Spadina AVE #3
Toronto C01, ON M5V 2L8,148 Spadina AVE #3
Toronto C01, ON M5V 2L8,148 Spadina AVE #3
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$150,000
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711 SqFt
Active

148 Spadina AVE #3 Toronto C01, ON M5V 2L8

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Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 711 sqft

Price per Sqft $210

Subdivision Waterfront Communities C1

MLS Listing ID C11963265

Tax Year 2024

Property Sub-Type Sale Of Business

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!!!

Location

Province ON

County Toronto

Community Waterfront Communities C1

Area Toronto

Zoning Commercial

Interior

Cooling Yes

Inclusions All Chattels Included Except

Exterior

Parking Features Reserved/Assignd

Building

Lot Description Building

Lited by EXP REALTY

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148 Spadina AVE #3