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Coldwell Banker Summit Realty

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310-3100 Steeles Ave W, Vaughan, ON, L4K 3R1
905-553-8500info@summitly.ca

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

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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.

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    For sale On market 110 daysPrice drop · $10,000 off (-6.7%)

    Unit 3 — 148 Spadina Avenue

    Waterfront Communities C1·Toronto, ON·M5V 2L8·Near Spadina Ave and Richmond St West

    Toronto real estate›C12869220
    • 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

    Location, Location, Location! Priced to Sell! Great Opportunity To Own An INS Market Convenience Store Selling Beer & Wine In The Heart Of Downtown Toronto! Nestled With The Busy Downtown Vibrant Chinatown And Live Music And Sport Venues And Entertainments, The Store Offers A Very High Foot Traffic And Public Transportation With TTC Streetcars, Buses And Subway At The Door! There Is The New Ontario Line Subway Station Being Built Right Besides The Store Which Will Bring Even More Traffic To The Store! The Store Is Also Surrounded By High Profiles Business Including Restaurants, Hotels And Office Buildings and Have Had A Loyal Customers Base For Years! The Store Sales 50K Per Month On Average Including Lotto And Has A Low Monthly Rent of $5,664 (TMI included) With 2+ Years Remaining On The Lease Until May 2028, And And Additional 5 Years Renewal Option! The Large Area of 711 sq. Comes With A Washroom And Storage For Your Extra Stock. There Is A Growth Potential By Opening Extended Hours IN 24/7 No Limit Operation And By Selling Hot Foods And Coffee. Downtown Toronto Is Always Busy With Maple Leafs, Blue Jays, Toronto FC & Toronto Raptors Games! As Well As Concerts And Business Events All The Time That Add To More Business To The Store! Don't Miss This Great Opportunity To Be Your Own Boss Or Make Extra Money Or A Residual Income Every Month! Free Parking For Deliveries And Offloading. Public Parking Behind The Store! Act Quickly! This Won't Last Long! Come Have A look For Yourself!

    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 27, 2026Price reducedCurrentReduced$140,000−$10,000 (6.7%)C12869220This page
    Jun 23, 2026Previously listedNew$139,000 —C13486302View
    May 13, 2026Previously listedTer$140,000 —C13121482View
    Mar 10, 2026ListedCurrentFor sale$150,000 —C12869220This page
    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
    $688
    20% down · 25y · 5.50% — adjust below ↓
    Est. monthly property tax
    $77
    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 $140,000 on the MLS® (listing C12869220). 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. 711 sqft
  2. Sale Of Business
  3. Asking
    $140,000
    $197 / sqft · MLS® C12869220
    Chat Zara
  4. Zara AI Estimate
    Live · refreshes nightly
    Estimated value
    $1,101,282
    $1,013,179Confidence range$1,189,385
    Asking vs estimate
    ↓below
    −$961,282
    (-87.3%)
    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 110 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
    • Nestled With The Busy Downtown Vibrant Chinatown And Live Music And Sport Venues And Entertainments, The Store Offers A Very High Foot Traffic And Public Transportation With TTC Streetcars, Buses And Subway At The Door!
    • There Is The New Ontario Line Subway Station Being Built Right Besides The Store Which Will Bring Even More Traffic To The Store!
    • Free Parking For Deliveries And Offloading.
    • Public Parking Behind The Store!
    Ask Zara a follow-up

    Parking & garage

    3
    Garage
    Outside/Surface
    Parking spaces
    1
    Driveway
    1
  5. Lot & land

    1
    Zoning
    Commercial
  6. Listing & possession

    4
    Possession
    2026-03-10T00:00:00.000-00:00
    Occupancy
    immediate
    Property style
    Without Property
    Property class
    Sale Of Business
  7. Combined estimate
    $765
    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
    $688
    /mo
    based on the purchase price of $140,000
    $28,000 cash
    $112,000 financed
    $94,333 total interest
    Monthly payment$688/ month
    Principal54%$112,000
    Interest46%$94,333

    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.

  8. One team, no handoffs

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

  9. Showings on YOUR schedule

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

  10. Mortgage that closes

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

  11. 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 711 sqft. Full room dimensions and floor breakdown are in the 'Rooms' section of this page.

  12. 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.

  13. 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.

  14. 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 $140,000 at 20% down, 25-year amortization, and 5.5% rate. Adjust the sliders to model your own down payment and rate.

  15. 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.

  16. 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.

  17. 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.