466 Spadina Ave is a business in Toronto, listed for $119,000.
1Under 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.
2Exceptional 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.
3Average gross sales of approx. $10,000/week with zero franchise fees or royalties.
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Commercial Property in Toronto
About 466 Spadina Avenue
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.
Toronto business priced at $119,000 — book a tour to see if it fits your search.
Inside 466 Spadina Ave
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
466 Spadina Ave Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14178466$119,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 466 Spadina Ave 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.
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 market32Homes sold in about 32 days on average.
Sale-to-list ratio5253.8%On average, homes sold at or above asking.
Active listings11,979Homes for sale here right now.
Median vs prior 90 days−0.6%Compared with May 17 – Aug 15, 2026: prices down.
Based on 9,020 sales from Aug 15 – Nov 13, 2026 (7,222 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 466 Spadina Ave
How much is 466 Spadina Ave listed for?
466 Spadina Ave is listed at $119,000 (MLS® C14178466). Summitly updates the price as soon as the MLS® record changes.
Has the price of 466 Spadina Ave changed?
No — 466 Spadina Ave is still listed at its original asking price of $119,000.
How many bedrooms and bathrooms does 466 Spadina Ave have?
The listing for 466 Spadina Ave doesn't publish its bedroom and bathroom count. It is a commercial property in Toronto.
How does 466 Spadina Ave 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, $840,000, across 9,020 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 466 Spadina Ave been sold before?
Summitly has no earlier MLS® sale or lease of 466 Spadina Ave on record from the last two years. Older records aren't shown under TRREB rules.
Where is 466 Spadina Ave?
466 Spadina Ave is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 466 Spadina Ave been on the market?
1 day — 466 Spadina Ave was listed on November 12, 2026.
What is the land transfer tax on 466 Spadina Ave?
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 466 Spadina Ave 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 466 Spadina Ave?
The listing for 466 Spadina Ave 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 466 Spadina Ave built?
The listing for 466 Spadina Ave doesn't publish a year built. A Summitly agent can ask the listing brokerage for it.
