148 Spadina Ave

Toronto C01 | Waterfront Communities C1 | M5V 2L8
  • 711.0 sqft
  • 0 gar

$150,000

Est. Mtg $508 /mo
  • Days on market

    72

  • Status

    A

Listing Broker EXP REALTY
Since listed: 1 views

Home details

MLS #:

C11963265

Property type:
Sale Of Business
Style:
Taxes:
$0
Possession:
ASAP
Condo Fee:
Lot Size:
0.0 X 0.0
Zoning:
Commercial
Use:
Convenience/Variety
Heat:
Elec Forced Air

Description


148 Spadina Ave, 3, Toronto, Ontario is a Sale Of Business property in Toronto C01 and in the Waterfront Communities C1 community in the M5V 2L8 postal code


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 $2500 to $3000 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!!!.

Extras

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Payment calculator

$508 monthly. In association with: TD Bank
%
  • Principal and Interest
    508 /mo
  • Property Taxes
    $0 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Jim Millis, Realtor

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