148 Spadina Avenue, Toronto C01, ON Image 1

$140,000

Sale Of Business For Sale
MLS - #C12147908
4 days ago- By EXP REALTY

148 Spadina Avenue, Toronto C01, ON M5V 2L8

Bed
Bath
711 Sqft.
Reserved/Assignd Garage

Property Description

Property type

Sale Of Business

Lot size

N/A

Style

Approx. Area

711 Sqft

About 148 Spadina Avenue

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 $2000 to $2400 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!!!

Home Overview

Last updated

4 days ago

Virtual tour

None

Basement information

Building size

711

Status

In-Active

Property sub type

Sale Of Business

Maintenance fee

$N/A

Year built

--

Additional Details

Basement:N/A
Cooling:Yes
Heating:Electric Forced Air
Parking Features:N/A
0
Similar Homes Found
$0
Average Price
14000000.0%
Higher than average

Price Comparison

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Location

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Walk Score for 148 Spadina Avenue

Sales Representative

Angela Yang

Sales Representative, ANCHOR NEW HOMES INC.

English, Mandarin
Residential ResaleProperty ManagementPre Construction

MORTGAGE INFO

ESTIMATED PAYMENT

Principal and InterestProperty Taxes$534.71/ month

Some information about this property - Spadina Avenue

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