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$119,000
Ontario,Toronto (Kensington-Chinatown)
For Sale Active
466 SPADINA AVENUE, Toronto (Kensington-Chinatown), Ontario M5T2G8
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Basic Details
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 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:62650)

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Basic Details
  • Property Type: Commercial Sale
  • Listing Type: For Sale
  • Listing ID: C14178466
  • Price: $119,000
  • Status: Active
  • Office Name: HOMELIFE LANDMARK REALTY INC.
  • Property Sub Type: Business
  • Office Key: 70066
Features & Appliances
Features
  • Heating System: Forced air, Natural gas
  • Cooling System: Fully air conditioned
Address Map
  • Location: CA, Ontario, Toronto (Kensington-Chinatown), M5T2G8
  • Street: Spadina
  • Street Number: 466
  • Street Suffix: Avenue
  • Longitude: W80° 35' 58.7''
  • Latitude: N43° 39' 27.4''
Additional Information
  • Water Source:
  • Business Type: Retail and Wholesale
  • Lot Size Dimensions: 28.26 x 134.2 FT
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Listing updated: 2026-11-13 20:29:24
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Listing Information
  • List Agent Key: 2107866
  • List Office Key: 70066
  • Modification Timestamp: 2026-11-13T18:05:16Z
  • Originating System Name: Toronto Regional Real Estate Board
  • Status Change Timestamp: 2026-11-13T17:59:54Z
Powered by REALTOR.ca
Listing updated: 2026-11-13 20:29:25
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