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$119,000 Sale
Listed 9 hours ago
466 Spadina Avenue
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Key Facts
Key facts for 466 Spadina Avenue
Property Type
Commercial
Parking
None
MLS #
C14178466
Size
-
Basement
-
Listed on
2026-11-12
Lot size
28 x 134.2
Tax
-
Days on Market
2
Approximate Age
-
Maintenance Fee
-
Description
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 re...tirement. 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.
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Courtesy of: HOMELIFE LANDMARK REALTY INC.