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Active

$139,000

Unit 3 - 148 Spadina Ave

Toronto C01, ON M5V 2L8

Unit 3 - 148 Spadina Ave, Toronto C01Listed at $139,000 Sale Of Business. MLS® C13486302.

711Sq Ft
Convenience/Variety
Sale Of Business

Description

Prime Location! Prime Opportunity! Own a Thriving INS Market Franchise in Downtown Toronto! An exceptional opportunity to own a well-established INS Market Franchise located at the high-demand intersection of Spadina Ave & Richmond St. W., right in the heart of downtown Toronto's vibrant Chinatown district. This store benefits from extremely high pedestrian traffic, TTC access at the doorstep, and a new subway station under construction directly across the street, making this location even more valuable for future growth. Surrounded by popular restaurants, hotels, offices, and residential buildings, the store enjoys a loyal customer base built over years of excellent service. Business Highlights: * Strong monthly sales of approximately $66,000-$70,000 including Lotto (as per seller) * Weekly average sales approximately $17,000 * Daily average sales approximately $2,000-$2,400 including Lotto * Lotto commission approximately $2,500-$4,000/month, helping cover a significant portion of rent * Recently added alcohol and wine sales, creating additional revenue opportunities * Low monthly rent of approximately $5,900 including TMI and utilities * Inventory replenishment approximately $1,500 bi-weekly* Spacious 750sq. ft. layout with employee washroom and additional storage space* Lease secured until May 22, 2028, with renewal options available (subject to landlord discussion)This is a rare chance to own a profitable convenience store business in one of Toronto's most desirable and high-traffic locations. Dedicated loading dock at the back of the store. A perfect opportunity for an entrepreneur looking to become their own boss with a proven business model and strong earning potential. Location matters - and this location delivers! Don't miss this incredible opportunity!

Business Details

Property Sub-TypeSale Of Business
Business TypeConvenience/Variety
Business NameINS Market / The Morgan
Property UseWithout Property
Occupant TypeOwner
Hours of Operation8:00AM - 12:00AM
FranchiseYes
Chattels IncludedYes
Seating Capacity1
Full-Time Employees1
Financial StatementsNot Available
Showing RequirementsSee Brokerage Remarks, List Salesperson
Possession TypeImmediate
Listing Expires9/30/2026

Commercial Space & Financials

Retail Area711 Sq Ft

Property Details

Property TypeSale Of Business
CommunityWaterfront Communities C1
Dir/Cross StSpadina Ave & Richmond St W
Garage TypeReserved/Assignd
Heating TypeElectric Forced Air
A/CYes
HSTNot Subject to HST
Listed Date6/24/2026
Days on Market24 days
PossessionTBD

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Listing Courtesy of: ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM

MLS® #C13486302

TRREBMLS®

The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 Toronto Regional Real Estate Board. All rights reserved.

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This Sale Of Business is located in the Waterfront Communities C1 community in Toronto. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity.

TTC subway & streetcar networkWorld-class dining & entertainmentUniversity of Toronto & major hospitals nearbyWaterfront trails & ravine parks
Walkability: Highly walkable — many neighbourhoods score 80+ on Walk Score
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