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    For Sale - 466 Spadina Avenue, Toronto, Ontario

    Est payment $571/mo
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    Time on Jump  1 day

    AI Summary *

    • Established convenience and variety store operated by the same owner for 38 years.
    • High-foot-traffic downtown location near a university, hospital district, transit, and popular neighbourhoods.
    • Rental income from other units covers the store rent; lottery commissions help offset expenses.
    • Approximate gross sales of $10,000 per week, with no franchise fees or royalties.
    • Spacious basement offers storage or expansion potential; inventory is extra.




    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.
    Listing IDC14178466
    Address466 Spadina Avenue
    CityToronto, Ontario
    Price$119,000
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Brokerage: HOMELIFE LANDMARK REALTY INC.

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    466 Spadina Avenue
    Toronto , Ontario
    $119,000
    Get more info