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Noble Sahota

Broker
Royal LePage Grand Realty, Brokerage Independently owned and operated. 30 Melanie Dr Unit # 6, Brampton, Ontario L6T 4L4 Cell: 416-889-2418Office: 416-889-2418Fax: 905-789-6200

$150,000
Available - For Sale
Listing ID: C12295375
148 Spadina Aven , Toronto, M5V 2L8, Toronto


Location! Location! Location! Fantastic Opportunity To Own This Amazing INS Market Franchise Convenience Store Located at 148 Spadina Ave At Richmond St In Downtown Toronto! Nestled With Busy Chinatown And Toronto's Nightlife Vibrant Nightclubs And Live Music Venues And Entertainments, The Store Offers A Very High Foot Traffic, TTC Streetcars And Buses At The Door And A New TTC Subway Station Being Built Right Besides It! The Store Is Also Surrounded By High Profiles Business Including Restaurants, Hotels And Office Buildings and Has Loyal Customers For Years! Making Money! Low Monthly Rent of Roughly $6000 (TMI and Utilities Included), Monthly Sales Of About 66k to 70k Including Lotto. Weekly Sales Of About 17k and Daily Average Sales $2000 to $2500. Lotto Commission Of About $2500 - $4000 Per 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 With 5 Years Extension Option! The Large Area of 711 sq. Comes With An Employees Washroom And Extra Storage For Cigarettes And Others. Store Has Been Approved For Alcohol Sale Which Adds To The Opportunity Of Making Even More Profit In 24 Hours Busy Downtown Toronto With Maple Leafs, Blue Jays, Raptors Games, Concerts, And Business Events Etc. Don't Miss This Great Opportunity To Be Your Own Boss In The Landmark Downtown Toronto. Finally With The Possibility Of Opening Longer Hours, The Money Making Possibilities Are Endless! Act Quick!
Price $150,000
Taxes: $0.00
Tax Type: Annual
Occupancy: Owner
Address: 148 Spadina Aven , Toronto, M5V 2L8, Toronto
Postal Code: M5V 2L8
Province/State: Toronto
Directions/Cross Streets: Spadina Ave and Richmond St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Convenience/Variety
Total Area: 711.00
Total Area Code:  Square Feet
Office/Appartment Area Code: Sq Ft
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Financial Statement: T
Chattels: T
Franchise: T
Days Open: O
Hours Open: 8AM-9PM
Employees #: 1
Seats: 1
Washrooms: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM
Personal Picture
Noble Sahota
Broker
Dir:
416-889-2418
Bus:
416-889-2418
Fax:
905-789-6200
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C01
Neighbourhood: Waterfront Communities C1
Style:
Lot Size: x 0.00(Feet)
Approximate Age:
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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