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3 - 148 SPADINA AVENUE, Toronto, Ontario, M5V 2L8

MLS® # C8354402
Commercial For Sale In Wellington Place, Toronto, Ontario
$169,000
3 - 148 Spadina Avenue, Toronto, ON
3 - 148 Spadina Avenue, Toronto, ON
3 - 148 Spadina Avenue, Toronto, ON
3 - 148 Spadina Avenue, Toronto, ON
3 - 148 Spadina Avenue, Toronto, ON
3 - 148 Spadina Avenue, Toronto, ON
3 - 148 Spadina Avenue, Toronto, ON
3 - 148 Spadina Avenue, Toronto, ON
3 - 148 Spadina Avenue, Toronto, ON
3 - 148 Spadina Avenue, Toronto, ON
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ACTIVE
3 - 148 SPADINA AVENUE, Toronto, Ontario, M5V 2L8
$169,000

Property Information:

Location! Location! Location! First Time On MLS, INS Market Franchise Business For Sale at Spadina Ave & Richmond St. W., Busy Intersection in The Heart of Downtown Toronto's China Town With High Foot Traffic, TTC At The Door Step. Surrounded By High Profiles Restaurants, Hotels And Office Buildings. Loyal Customers For Years. Making Money! Low Monthly Rent of Roughly $6000 Including TMI and Utilities. Monthly Sales Of About 66k to 70k Including Lotto (per seller). Daily Average Sales $2500 to $3000 Including Lotto (per seller). Lotto Commission Between $2500 - $4000/ month Pays Half of The Rent!!!. Inventory Top Up / Replenishment of About $1500 Bi-Weekly. Lease has 4 More Years Left Until May 22, 2028 (New Owner To Discuss Lease Extension Options With Landlord). Large Area of 711sq. Comes With Employees Washroom And Extra Storage For Cigarettes And Others. Opportunity To Make Even More Money By Adding A Coffee Machine! Seller Moving Out Of Province. Don't Miss This Opportunity To Be Your Own Boss!!! **** EXTRAS **** All Chattels Included Except ATM Machine & Bitcoin Machine (Belong To Their Respective Suppliers Who Pay Monthly Rent to The Store). (id:27)

Building Features:

  • Style: Business
  • Air Conditioning: Yes
  • Floor Space: 711 Square Feet
  • Heating Type: Forced air
  • Heating Fuel: Electric
  • Cooling Type: Fully air conditioned

Property Features:

  • Property Type: Business
  • Floor Space (approx): 711.00 Square Feet
  • No. of Parking Spaces: 1

Courtesy of: EXP REALTY

REALTOR.ca  

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Market Price Trends

1 year changes compare the same month from the previous year. Find an agent in this area to receive more information.

Location of 3 - 148 SPADINA AVENUE, Toronto, Ontario, M5V 2L8

Climate Risk Data

About Climate Risk: Properties are at increased risk of damage from extreme weather due to climate change.
ClimateCheck provides detailed climate risk data for properties now and up to 30 years into the future.

Projected Heat Risk: High

31 hot days expected in 2050

Projected Storm Risk: High

13 storms expected in 2050

Projected Heat Risk: High

31 hot days expected in 2050

46/100

High

ClimateCheck®

Current data

This property, 3 - 148 SPADINA AVENUE , experiences 7 hot days per year at around 30.7 degrees Celsius.

Projected data

Severe heat risk is expected to increase in this area. In 2050, it is projected that there will be 31 hot days at 34.3 degrees Celsius.

Projected Avg. Temperature

Past
30.7℃
2050
34.3℃

# Hot Days Per Year

Past
7
2050
31

About Heat Risk

Heat risk is the number of extreme heat days experienced each year looking at historical conditions (1980-2005) in your area and taking the 2% of the hottest days and projecting that into the future.

Projected Storm Risk: High

13 storms expected in 2050

56/100

High

ClimateCheck®

Current data

This property, 3 - 148 SPADINA AVENUE , experiences 11 significant 2-day storms per year, with about 295.1mm of precipitation per storm.

Projected data

Severe storms are expected to increase in this area. In 2050, it is projected that there will be 13 significant 2-day storms with 366.4mm of precipitation per year.

Precipitation Per Storm

Past
295.1mm
2050
366.4mm

48-Hour Storms Per Year

Past
11
2050
13

About Storm Risk

Storm risk is the number of high wind, wet or snowy events each year. Climate check looks at historical conditions (1980-2005) in your area, on the days with the top 1% of total precipitation in a year and projected to 2050.

Climate risk data is provided for informational purposes only on Royallepage.ca.
If you have questions or feedback about this data, get help at climatecheck.com.

Environmental Risks provided by ClimateCheck®

Royal LePage does not endorse nor guarantee this information. By providing this information, Royal LePage and its agents are not providing advice or guidance on climate risks. Royal LePage strongly recommends that consumers independently investigate the property’s climate risks to their own personal satisfaction.

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Demographic Information of 3 - 148 SPADINA AVENUE, Toronto, Ontario, M5V 2L8

Life Stage

Young Singles

Employment Type

White Collar

Average Household Income

$182,626.52

Average Number of Children

1.36

Household Population

Household Structure

Age of Population

Education

Education Level

No certificate/diploma/degree

1.57 %

High school certificate or equivalent

11.07 %

Apprenticeship trade certificate/diploma

1.06 %

College/non-university certificate

8.88 %

University certificate (below bachelor)

4.06 %

University Degree

73.36 %

Commuter

Travel To Work

By Car

28.71 %

By Public Transit

20.53 %

By Walking

40.64 %

By Bicycle

3.43 %

By Other Methods

6.69 %

Cultural Diversity

Knowledge of Official Language

Mother Tongue

Building Information

Building Type

Apartments (Low and High Rise)

99.58 %

Houses

0.42 %

Own Vs. Rent

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