466 Spadina Avenue Toronto, Ontario M5T 2G8
$119,000
Rare, once-in-a-lifetime opportunity to acquire a highly profitable, well-established convenience/variety store in the heart of downtown Toronto. Successfully operated by the same owner under the same landlord for 38 years; a true testament to its stability and profitability, now available due to retirement. Unbeatable high-traffic location all year round at Spadina Ave & College St, directly across from the University of Toronto (70,000+ students & staffs), steps from Kensington Market and China town, and right next door to the iconic El Mocambo live music venue. Under a 10-minute walk to Hospital Row and 700m to Queen's Park Subway Station, drawing massive daily foot traffic from students, locals, and tourists. Exceptional financial structure: sublease/rental income from other units in the building covers the store's entire rent, while steady Lotto commissions offset other operational expenses. Average gross sales of approx. $10,000/week with zero franchise fees or royalties. Tremendous upside potential for a new operator to boost revenue by introducing alcohol and vape sales. Includes a spacious basement for storage/expansion. Inventory is extra. Please do not visit the premises without an appointment. (id:67892)
Business
| Business Type | Retail and Wholesale |
| Business Sub Type | Convenience store |
Property Details
| MLS® Number | C14178466 |
| Property Type | Business |
| Community Name | Kensington-Chinatown |
Building
| Cooling Type | Fully Air Conditioned |
| Heating Fuel | Natural Gas |
| Heating Type | Forced Air |
| Utility Water | Municipal Water |
Land
| Acreage | No |
| Size Depth | 134 Ft ,2 In |
| Size Frontage | 28 Ft ,3 In |
| Size Irregular | 28.26 X 134.2 Ft |
| Size Total Text | 28.26 X 134.2 Ft |
| Zoning Description | Commercial |
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November 13 2026 05:59:54
Toronto Regional Real Estate Board