Available on mobile

Take Summitly with you.

Browse listings, get instant alerts, and talk to your AI concierge — all from your pocket.

Download on theApp StoreGet it onGoogle Play

Weekly market briefing

The smartest move starts here.

Curated listings, price trends, and neighbourhood insights — delivered Sunday morning.

Summitly

Your trusted partner in real estate. We help you find your perfect home, make informed decisions, and connect with expert professionals across Canada.

Coldwell Banker Summit Realty

Explore

Map SearchBrowse ListingsBrowse RentalsSold HomesOpen Houses

Sell & Rent

Sell Your HomeHome ValuationList Your Rental — FreeRental PricingRenting on Summitly

Resources

CalculatorsGet Pre-QualifiedNews & InsightsGuidesBlogAI ConciergeFranchise

Company

AboutContactFind a RealtorCareers — Join SummitlyFAQs
310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

©2026 Summitly. All rights reserved. Coldwell Banker Summit Realty, Brokerage.

Privacy PolicyTerms of UseCookiesSitemap

Listing data is provided by the Toronto Regional Real Estate Board (TRREB) via PropTx and is deemed reliable but not guaranteed. Coldwell Banker Summit Realty, Brokerage — an independently owned and operated Coldwell Banker franchise.

REALTOR® Disclosure▾

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

    Summitly Logo
    Buy
    Sell
    Rent
    Pre-con
    Meet ZaraMy HomeNews & Insights
    HomeBuySell
    For sale Listed 5 days ago

    Unit 3 — 148 Spadina Avenue

    Waterfront Communities C1·Toronto, ON·M5V 2L8·Near Spadina Ave & Richmond St W

    • 750 sqft
    Toronto real estate›C13486302
    • Overview
    • History
    • Details
    • Location
    • Mortgage
    • Investment
    • Comparables
    • FAQ
    Open house & tour

    3 upcoming open houses

    Drop in during an open house, or tour online — no appointment needed.

    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    • Open house
      Date TBD
      Time TBD
    Overview

    What this listing tells us

    Property description

    Prime Location! Prime Opportunity! Own a Thriving INS Market Franchise in Downtown Toronto! An exceptional opportunity to own a well-established INS Market Franchise located at the high-demand intersection of Spadina Ave & Richmond St. W., right in the heart of downtown Toronto's vibrant Chinatown district. This store benefits from extremely high pedestrian traffic, TTC access at the doorstep, and a new subway station under construction directly across the street, making this location even more valuable for future growth. Surrounded by popular restaurants, hotels, offices, and residential buildings, the store enjoys a loyal customer base built over years of excellent service. Business Highlights: * Strong monthly sales of approximately $66,000-$70,000 including Lotto (as per seller) * Weekly average sales approximately $17,000 * Daily average sales approximately $2,000-$2,400 including Lotto * Lotto commission approximately $2,500-$4,000/month, helping cover a significant portion of rent * Recently added alcohol and wine sales, creating additional revenue opportunities * Low monthly rent of approximately $5,900 including TMI and utilities * Inventory replenishment approximately $1,500 built-in-weekly* Spacious 750sq. ft. layout with employee washroom and additional storage space* Lease secured until May 22, 2028, with renewal options available (subject to landlord discussion)This is a rare chance to own a profitable convenience store business in one of Toronto's most desirable and high-traffic locations. Dedicated loading dock at the back of the store. A perfect opportunity for an entrepreneur looking to become their own boss with a proven business model and strong earning potential. Location matters - and this location delivers! Don't miss this incredible opportunity!

    Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.

    History

    Listing, price, and tax history

    Every previous listing of this property, every list-price change, and 5 years of estimated annual property tax — switch tabs to drill in.

    DateEventStatusPriceChangeMLS®View
    Jun 23, 2026ListedCurrentFor sale$139,000 —C13486302This page
    May 13, 2026Previously listedTer$140,000 —C13121482View
    Mar 10, 2026Previously listedTer$140,000 —C12869220View
    Jan 3, 2026Previously listedTer$170,000 —C12672956View
    Jul 17, 2025Previously listedTer$180,000 —C12295375View
    May 13, 2025Previously listedTer$140,000 —C12147908View
    Feb 7, 2025Previously listedTer$150,000 —C11963265View
    Dec 27, 2024Previously listedTer$150,000 —C11902543View
    Sourced from MLS® · includes all previous listings of this property · tap View to open the archived listing in a new tab
    Property details

    Inside this property

    Systems, finishes, room dimensions, and building information — pulled from the full MLS® feed.

    Features & systems

    Heating, cooling, parking, exterior, lot, possession, and more.

    • Systems

      3
      Heating
      Electric Forced Air
      Air conditioning
      Yes
      Water source
      Municipal
    Location & lifestyle

    Getting around, schools & the block

    Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.

    📍 Unit 3 — 148 Spadina Avenue
    What's nearby

    Points of interest classified by the MLS® feed.

    • Public Transit
    • Subways
    Financials

    The money — monthly cost, mortgage & return

    Everything financial in one place: what you'd pay each month, a live mortgage calculator at the asking price, and what it could return as a rental.

    Cost of ownership

    A monthly snapshot at typical assumptions — personalize the mortgage just below.

    Est. monthly mortgage
    $683
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $76
    0.66% mill rate · ON
    The market

    How this home sits in the Toronto market

    Live neighbourhood stats, the closed sales you'd negotiate against, and comparable active listings.

    The Toronto market right now

    Average sold price, days on market, and closed-transaction count for Toronto — sourced from MLS®.

    • Avg sold price
      $1,101,282
      Last 30 days
    • Median sold price
      $865,675
      Middle of the market
    • Days on market
      28 d
      Avg from list to close
    • Closed last 30d
      6,916
      MLS® transactions
    Full Toronto market report
    Buy with Coldwell Banker Summit Realty

    We'll get you into Unit 3 — 148 Spadina Avenue — the seller pays our commission

    On every MLS® listing in Canada, the seller's brokerage pays a cooperating commission to whoever brings the buyer. Buyer representation is free to you.

    Free buyer representation · Coldwell Banker® affiliate

    $0 to you. The seller pays our fee.

    On every MLS® listing in Canada, the seller's brokerage advertises a cooperating commission for the buyer's agent. A Coldwell Banker Summit Realty agent represents you — you owe us nothing.

    Call now
    Due diligence

    Property flags & disclosures

    An automated scan of public records and news for anything a buyer should know about this specific address — liens, outstanding work orders, or stigma-related history. We never invent flags.

    Nothing concerning surfaced — all clear.

    We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at Unit 3 — 148 Spadina Avenue and found nothing flagged. We re-check automatically as new records publish.

    Frequently asked

    Common questions about this property

    Tap a question to expand the answer. Short, direct answers tuned for AI search and voice assistants.

    • How much is Unit 3 — 148 Spadina Avenue listed for?

      Unit 3 — 148 Spadina Avenue is listed at $139,000 on the MLS® (listing C13486302). The price refreshes on Summitly within minutes of any MLS® change.

    • How many bedrooms, bathrooms, and square feet does Unit 3 — 148 Spadina Avenue have?

    Coldwell Banker Summit Realty is a RECO-licensed Ontario real estate brokerage, independently owned and operated. Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Listing data is sourced from MLS® and is provided for informational purposes only — not guaranteed accurate by the MLS® or its members. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.

  1. Sale Of Business
  2. Asking
    $139,000
    $185 / sqft · MLS® C13486302
    Chat Zara
  3. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,101,282
    $1,013,179Confidence range$1,189,385
    Asking vs estimate
    ↓below
    −$962,282
    (-87.4%)
    Asking is below estimate
    Run the affordability numbers

    Based on the city's average sold price (limited data on this listing).

    Market analytics

    Homes like this in Toronto sell in about 28 days — this one has been listed 5 days.

    Avg sold price
    $1,101,282
    Median sold
    $865,675
    Avg days on market
    28
    Recently sold
    6916
    See comparable sales
    Walk through online
    Listing agent has provided a interactive tour
    Open virtual tour
    AI highlights by Zara
    • Own a Thriving INS Market Franchise in Downtown Toronto!
    • An exceptional opportunity to own a well-established INS Market Franchise located at the high-demand intersection of Spadina Ave & Richmond St.
    • This store benefits from extremely high pedestrian traffic, TTC access at the doorstep, and a new subway station under construction directly across the street, making this location even more valuable for future growth.
    • Surrounded by popular restaurants, hotels, offices, and residential buildings, the store enjoys a loyal customer base built over years of excellent service.
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Reserved/Assignd
    Parking spaces
    1
    Driveway
    1
  4. Lot & land

    1
    Zoning
    Commercial
  5. Listing & possession

    4
    Possession
    2026-06-24T00:00:00.000-00:00
    Occupancy
    TBD
    Property style
    Without Property
    Property class
    Sale Of Business
  6. Combined estimate
    $759
    Mortgage + tax · before condo / insurance

    Mortgage & affordability

    Today's best Canadian rates from Mortgage Squad, then a live calculator — adjust down payment, amortization, and rate, and email yourself the report.

    Today's rates · Powered by Mortgage Squad
    350+ lender access · Best rate matched in 2 min
    Lock my rate
    • Best
      5-yr Fixed · Insured
      4.09%
      0.40% below banks
    • 5-yr Fixed · Conventional
      4.34%
      APR · OAC
    • 3-yr Fixed · Conventional
      4.49%
      APR · OAC
    • 5-yr Variable · Variable
      4.85%
      APR · OAC
    Rates indicative · Updated today · OAC, subject to underwritingSee all Mortgage Squad rates →
    Affordability calculator
    Estimated monthly payment
    $683
    /mo
    based on the purchase price of $139,000
    $27,800 cash
    $111,200 financed
    $93,660 total interest
    Monthly payment$683/ month
    Principal54%$111,200
    Interest46%$93,660

    20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

    Email this mortgage report to yourself

    Save the full affordability breakdown — down payment, monthly, interest paid, and today's Mortgage Squad rate — in your inbox. Create a free Summitly account to save it, get rate-drop alerts, and build a shortlist.

    Create account & email meor send as guest
    Get pre-approved in minutes

    Know exactly what you can afford — a no-obligation pre-approval from Mortgage Squad.

    Get pre-approved

    Rental income & return

    What this home could rent for and the return at the asking price — an AI estimate against real property tax and condo fees.

    Est. monthly rent
    low–high
    Gross yield
    rent × 12 ÷ price
    Cap rate (est.)
    net of tax + fees

    AI estimate for discussion only — not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

    More sale of businesss in Toronto

    Active listings within ±20% of this asking price.

    • 2789 Lakeshore Boulevard
      $124,990
      2789 Lakeshore Boulevard
      Sale Of Business
    • 2392 Bloor Street
      $139,999
      2392 Bloor Street
      Sale Of Business
    • 526 Eglinton Avenue
      $130,000
      526 Eglinton Avenue
      Sale Of Business
    • 1530 Albion Road
      $150,000
      1530 Albion Road
      Sale Of Business
    • 1530 Albion Road
      $150,000
      1530 Albion Road
      Sale Of Business
    • 2140 Kipling Avenue
      $165,000
      2140 Kipling Avenue
      Sale Of Business
    AI-first listing data

    Zara's valuation, full price history, room insights, and live MLS® refresh — all in one feed. No more comparing 4 sites.

  7. One team, no handoffs

    Your realtor, mortgage broker, and offer-night closing team work side-by-side. One conversation, not three.

  8. Showings on YOUR schedule

    Same-day showings for shortlisted homes, evenings + weekends. Your Coldwell Banker Summit Realty agent coordinates with the listing brokerage.

  9. Mortgage that closes

    Pre-approval, rate hold, and 350+ lender access via Mortgage Squad Advisors — no juggling lender chats yourself.

  10. Public listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES SUCCESS TEAM · displayed on Summitly per MLS® data-share rules

    Unit 3 — 148 Spadina Avenue is a 750 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  11. When was Unit 3 — 148 Spadina Avenue built?

    The year built for Unit 3 — 148 Spadina Avenue isn't published in this MLS® feed — ask a Summitly realtor for the construction year from the seller's disclosure.

  12. What is the property tax for Unit 3 — 148 Spadina Avenue?

    The 'Property tax' tab in the History section shows the most recent annual tax for Unit 3 — 148 Spadina Avenue plus a 5-year breakdown with YoY % change. Monthly equivalent is shown alongside.

  13. How much would the monthly mortgage be on Unit 3 — 148 Spadina Avenue?

    The affordability calculator on this page shows an estimated monthly mortgage for $139,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  14. Has Unit 3 — 148 Spadina Avenue been sold before?

    The 'Listing history' tab above lists every previous MLS® listing of Unit 3 — 148 Spadina Avenue with its list date, sold price (when sold), and final status. Each row is colour-coded with price-change arrows.

  15. What neighbourhood is Unit 3 — 148 Spadina Avenue in?

    Unit 3 — 148 Spadina Avenue is in Waterfront Communities C1, Toronto. The 'Neighbourhood' section below links to the live Toronto real estate hub with average sold price, days on market, and current inventory.

  16. Is Toronto a good place to live?

    Toronto is one of ON's actively-tracked Summitly markets. The full Toronto real estate hub covers live average sold price, days on market, and neighbourhood-level inventory.