391 Lumsden Avenue
Crescent TownToronto, ONM4C 2L6Near Lumsden/Barrington Ave
- 0
- Sale Of Business
3 upcoming open houses
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What this listing tells us
Exceptional Opportunity to Own a One-of-a-Kind Grocery/Supermarket Business in Toronto! This unique supermarket-style grocery store has been successfully operated by the same owner for over 20 years and is now offered for sale due to retirement. Located in a densely populated area surrounded by numerous high-rise residential buildings, this is the only store in the neighborhood with virtually no direct competition.The business operates from a spacious 2,300 sq.ft with same size full basement, premises with plenty of exclusive parking spaces, providing excellent convenience for customers. Weekly sales are approximately $25,000, with cigarette sales accounting for less than 30% of total revenue, creating a strong and diversified income structure.Additional high-margin income streams include over $2,000/month from ATM and POS machine commissions, approximately $3,000/month in lottery commissions, plus extra revenue from parking rental and advertising income.Current rent is very reasonable at $5,600/month plus property tax of $1,500/month, with a secure lease in place until March 2030.This business still offers tremendous growth potential for a new owner, including opportunities to add Vape products and other profitable services to further increase revenue. A rare chance to acquire a stable, long-established, and highly profitable grocery business in a prime Toronto location with strong customer loyalty and excellent future upside.
Cleaned for readability — original MLS® text was lightly de-abbreviated and decapitalized.
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.
| Date | Event | Status | Price | Change | MLS® | View |
|---|---|---|---|---|---|---|
| Jul 7, 2026 | Previously listed | Pc | $1,880,000 | — | E13533576 | View |
| May 26, 2026 | ListedCurrent | For sale | $349,000 | — | E13174666 | This page |
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
- Gas Forced Air Closed
- Air conditioning
- Yes
- Water source
- Municipal
Getting around, schools & the block
Walkability and transit, the nearest schools, an interactive map of the exact spot, and what's nearby.
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.
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—Last 30 days
- Median sold price—Middle of the market
- Days on market—Avg from list to close
- Closed last 30d—MLS® transactions
We'll get you into 391 Lumsden 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.
$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.
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.
We scanned public records and news for liens, outstanding work orders, and stigma-related history (e.g. a former grow-op or fire) at 391 Lumsden Avenue and found nothing flagged. We re-check automatically as new records publish.
Common questions about this property
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How much is 391 Lumsden Avenue listed for?
391 Lumsden Avenue is listed at $349,000 on the MLS® (listing E13174666). The price refreshes on Summitly within minutes of any MLS® change.
How many bedrooms, bathrooms, and square feet does 391 Lumsden 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.
