148 Spadina Ave #3 is a business in Toronto, listed for $119,000.
1Own a Thriving INS Market Franchise in Downtown Toronto!
2An exceptional opportunity to own a well-established INS Market Franchise located at the high-demand intersection of Spadina Ave & Richmond St.
3This 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.
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Commercial Property in Toronto
Unit 3 at 148 Spadina Avenue
Location! Location! Location! Rare 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! Motivated Seller!
Toronto business priced at $119,000 — book a tour to see if it fits your search.Ask Zara a follow-up
Inside 148 Spadina Ave #3
Every detail from the listing, in one place.
Type
Business
Features & systems
Lot & land
Lot size (sqft)
0
Listing & possession
Property class
Sale Of Business
148 Spadina Ave #3 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13885440$119,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 148 Spadina Ave #3 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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How long is your commute?
From 148 Spadina Ave #3. Typical times without traffic delays; transit times aren't available yet.
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. 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.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4971.6%On average, homes sold at or above asking.
Active listings12,273Homes for sale here right now.
Median vs prior 90 days+3.4%Compared with Apr 14 – Jul 13, 2026: prices up.
Based on 9,543 sales from Jul 13 – Oct 11, 2026 (6,528 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
148 Spadina Ave #3 is listed at $119,000 (MLS® C13885440). Summitly updates the price as soon as the MLS® record changes.
Has the price of 148 Spadina Ave #3 changed?
No — 148 Spadina Ave #3 is still listed at its original asking price of $119,000.
How many bedrooms and bathrooms does 148 Spadina Ave #3 have?
The listing for 148 Spadina Ave #3 doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
Is 148 Spadina Ave #3 close to transit?
The nearest rapid-transit station is Osgoode Station (Line 1), about 850 m (about a 11-minute walk) in a straight line. St. Andrew Station is about 930 m (about a 12-minute walk), and St. Patrick Station is about 990 m (about a 12-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How does 148 Spadina Ave #3 compare with other homes in Toronto?
Its asking price of $119,000 is about 86% below the median sold price in Toronto over the last 90 days, $850,000, across 9,543 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 148 Spadina Ave #3 been sold before?
Summitly has no earlier MLS® sale or lease of 148 Spadina Ave #3 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 148 Spadina Ave #3?
148 Spadina Ave #3 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 148 Spadina Ave #3 been on the market?
6 days — 148 Spadina Ave #3 was listed on October 5, 2026.
What is the land transfer tax on 148 Spadina Ave #3?
About $1,830 at the asking price of $119,000: $915 Ontario land transfer tax plus $915 Toronto municipal land transfer tax. First-time buyers can get up to $4,000 back from Ontario and up to $4,475 from Toronto. Legal fees and other closing costs are extra.
How do I book a viewing of 148 Spadina Ave #3 or make an offer?
Select "Book a viewing" on this page and pick a time. A licensed Coldwell Banker Summit Realty, Brokerage agent confirms it with the listing brokerage. When you're ready, your agent prepares the offer with you and submits it to the listing brokerage.
What is the property tax for 148 Spadina Ave #3?
The listing for 148 Spadina Ave #3 doesn't publish the annual property tax. The property tax calculator linked at the foot of this page gives an estimate for Toronto.
When was 148 Spadina Ave #3 built?
The listing for 148 Spadina Ave #3 doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.