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For sale · MLS® C14178466

466 Spadina Avenue, Toronto, ON M5T 2G8

Toronto C01, ON M5T 2G8

$119,000
Current days on market: 0Sale Of Business28.26 ft × 134.20 ft Lot dimensions
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Quick cost estimateKnown monthly subtotal$553.69 / monthLand transfer tax $1,830One-time estimate
PLANNING ESTIMATE

Quick cost estimate

$553.69 / month

Known monthly subtotal

Mortgage principal & interest
$553.69
Property tax / month
$0
Maintenance / month
Period / amount not reported

Assumes 20% down, 5% annual interest and 25-year amortization. Illustrative rate, not a current quote.

Unknown expenses excluded. Mortgage insurance and closing costs are excluded; add insurance and utilities in the assumptions.

Land transfer tax · one time

Transfer tax total
$1,830

Before rebates, surcharges and fees. Not part of the monthly subtotal.

Tax assumptions & breakdown

Toronto municipal tax is included because the listing is located in the City of Toronto.

Ontario tax
$915
Toronto municipal tax
$915

Current purchase scenario, before rebates, foreign-buyer taxes and fees. Confirm residence classification. Not historical tax paid; excluded from the monthly subtotal.

Ontario rates · Toronto rates (April 2026)

Eligible first-time purchasers may qualify for an Ontario land transfer tax refund of up to $4,000. Toronto buyers may also qualify for a separate municipal rebate of up to $4,475. Eligibility varies and these maximums are not guaranteed savings. See official eligibility links and details.

Adjust cost assumptions ↓ · Closing-cost tools

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About this home

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.

Home details

Days on market
0
Property type
Sale Of Business
MLS® number
C14178466
Source status
New
Postal code
M5T 2G8
Lot depth
134.20 ft
Garage parking spaces
Not reported
Total parking spaces
Not reported
Occupancy
Partial
Possession type
Flexible
Garage
None
Annual property tax
0
Heating system
Gas Forced Air Open
Cooling
Yes

These details come from the listing source. Please confirm measurements and fees before making a decision.

Utilities and services

Heating system
Gas Forced Air Open
Cooling
Yes

A reported service is not necessarily included in rent or maintenance. Missing information does not mean a service is absent.

Rooms & virtual tours

Room measurements

Room measurement units

Loading source-reported room dimensions…

Converted measurements are approximate. Levels and dimensions are shown only when supplied.

Room-count details have not been supplied for this listing.

Ask the listing brokerage for floor plans and measured room layouts.

SOURCE-REPORTED HISTORY

Listing history

Asking amount
$119,000

  1. First seen in EnterHome

The timeline uses changes observed by EnterHome and dates reported by the source. Earlier changes may be unavailable if they were not captured.

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Nearby market summary

Review nearby recorded sale prices, monthly trends and reported time on market for homes with a similar reported property type and bedroom count. Sold addresses are not shown.

The summary loads when requested.

This is a planning reference from source-reported sales, not an appraisal, prediction or promise of a sale price.

Nearby homes sold in Toronto C01

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Estimate monthly costs

Adjust the assumptions for your own scenario. Blank expenses are unknown; enter them for a fuller estimate.

Enter assumptions

Planning estimate with Canadian semiannual compounding. Excludes mortgage insurance, closing costs and special assessments. This is not a lender quote or mortgage approval.

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Map and neighbourhood

Region / county
Toronto
Municipality
TORONTO
MLS® community
Kensington-Chinatown
Municipal neighbourhood
Kensington-Chinatown
MLS® district
Toronto C01
See homes for sale in Toronto C01 →
PLAN YOUR ROUTE

Plan a trip from this home

Check a route from this property to work, school or another destination. Google Maps provides the current estimate when opened; traffic and departure time affect results.

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Around this property

Schools, transit & everyday places

Published local sources. Distances are approximate straight-line distances, not walking routes.

Nearby publicly funded schools

Within 5 km · approximate straight-line distances, not walking routes or attendance eligibility.

School year 2024-2025 · Preliminary · publisher extract 2026-09-14.

210 m

Lord Lansdowne Junior Public School ↗

Elementary · JK-6 · English · Public

School board: Toronto DSB ↗

33 Robert St, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Mathematics (at provincial standard)
78%
Grade 6 Reading (at provincial standard)
89%
Grade 6 Writing (at provincial standard)
93%
Grade 6 Mathematics (at provincial standard)
81%
268 m

da Vinci School ↗

Elementary · JK-6 · English · Public

School board: Toronto DSB ↗

33 Robert Street, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
80%
Grade 3 Writing (at provincial standard)
50%
Grade 3 Mathematics (at provincial standard)
70%
404 m

Subway Academy II ↗

Secondary · 9-12 · English · Public

School board: Toronto DSB ↗

64 Baldwin St, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

406 m

Beverley School ↗

Elementary · JK-8 · English · Public

School board: Toronto DSB ↗

64 Baldwin St, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

No published percentages for these measures in this source record.

475 m

Kensington Community School School Junior ↗

Elementary · JK-6 · English · Public

School board: Toronto DSB ↗

401 College St, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
100%
Grade 3 Writing (at provincial standard)
100%
Grade 3 Mathematics (at provincial standard)
91%
535 m

Heydon Park Secondary School ↗

Secondary · 9-12 · English · Public

School board: Toronto DSB ↗

70 D'Arcy St, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 9 Mathematics (at provincial standard)
8%
596 m

King Edward Junior and Senior Public School ↗

Elementary · JK-8 · English · Public

School board: Toronto DSB ↗

112 Lippincott St, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
86%
Grade 3 Writing (at provincial standard)
93%
Grade 3 Mathematics (at provincial standard)
71%
Grade 6 Reading (at provincial standard)
82%
Grade 6 Writing (at provincial standard)
82%
Grade 6 Mathematics (at provincial standard)
82%
633 m

Orde Street Public School ↗

Elementary · JK-8 · English · Public

School board: Toronto DSB ↗

18 Orde St, Toronto

Reported assessment results · source workbook 2024-2025

Source workbook percentages, not an overall school rating. Confirm assessment periods with the Ministry. Values may be privacy-rounded or suppressed; 0% and 100% do not always mean none or all.

Grade 3 Reading (at provincial standard)
85%
Grade 3 Writing (at provincial standard)
65%
Grade 3 Mathematics (at provincial standard)
60%
Grade 6 Reading (at provincial standard)
89%
Grade 6 Writing (at provincial standard)
93%
Grade 6 Mathematics (at provincial standard)
64%

Confirm programs and attendance with the school board. Private schools and verified catchment boundaries are not included. Contains information licensed under the Open Government Licence – Ontario. Ministry source.

NEARBY CONNECTIONS

Transit near this property

Published transit locations. Distances are straight-line estimates, not walking routes or travel times.

Rail & subway · within 5 km

  • Queen's ParkTTC · Subway
    791 m
  • St PatrickTTC · Subway
    1.0 km
  • SpadinaTTC · Subway · Streetcar · Bus
    1.1 km
  • MuseumTTC · Subway
    1.1 km
  • St GeorgeTTC · Subway · Bus
    1.3 km

Bus & streetcar · within 2 km

  • Spadina Ave at College St South SideTTC · Streetcar
    31 m
  • College St at Spadina AveTTC · Streetcar
    41 m
  • College St at Spadina AveTTC · Streetcar
    54 m
  • Spadina Ave at College St North SideTTC · Streetcar
    82 m
  • Spadina Ave at College St North SideTTC · Streetcar
    99 m
  • Spadina Ave at Nassau StTTC · Streetcar
    232 m
  • College St at Augusta AveTTC · Streetcar
    245 m
  • Spadina Ave at Nassau St South SideTTC · Streetcar
    260 m
Sources & service information

These are locations in published feeds, not live arrivals or confirmation of service at this moment. Station platforms are grouped only by the source parent-station relationship. Check the agency for schedules, disruptions, access and entrances. Coverage: TTC, GO Transit and UP Express only; other agencies are not yet connected.

EVERYDAY DESTINATIONS

Nearby amenities

Mapped places within 2.0 km. Distances are straight-line estimates to map points or area centres.

© OpenStreetMap contributors · ODbL · Download this open dataset

Coverage & map information

Map snapshot: 2026-11-02T15:25:06Z. This is a rectangular GTA-area extract with partial regional coverage. Data may be incomplete near its edges. Places and categories are community mapped; opening status, entrances and service availability are not verified. Matching point/area entries with the same name within 25 metres are paired for display using the point location; the downloadable dataset retains every original map record. Other duplicates may remain. No walking routes, travel times or walking score are inferred.

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Similar homes for sale in Kensington-Chinatown, Toronto, Ontario

Current public IDX listings in the same city and transaction type. These are alternatives to explore, not sold comparables or an appraisal.

Property questions

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Are the measurements and features independently verified?

Measurements, lot details and features are displayed as reported by the listing source or a named public dataset. Missing facts are not inferred. Confirm material details with the listing brokerage.

What do nearby school, transit and shop results mean?

They are nearby records from the displayed source datasets. Distances are approximate straight-line distances; school catchment eligibility, ratings, walking routes, hours and live transit service are not inferred.

Can I see sold prices for nearby properties?

Sold and leased comparable records are shown only to approved VOW users where the source permits display. Sign in or request VOW access if prompted.

How should I use the monthly cost estimate?

It is a planning estimate based on the visible assumptions and reported property figures. It is not a lender quote, tax assessment, legal opinion or mortgage approval.

Home and neighbourhood overview

466 Spadina Avenue, Toronto, ON M5T 2G8, Toronto C01 is listed for sale as a Sale Of Business. Asking price: $119,000. Occupancy is reported as Partial. MLS® C14178466.

The Ministry’s school dataset lists Lord Lansdowne Junior Public School approximately 210 m from the property’s mapped location. The published TTC feed includes Queen's Park, approximately 791 m away. OpenStreetMap shows nearby mapped places including Lillian H. Smith Park (142 m) and 大統華 T&T Supermarket (123 m).

Local context

The Ministry’s school dataset lists Lord Lansdowne Junior Public School approximately 210 m from the property’s mapped location.

The published TTC feed includes Queen's Park, approximately 791 m away.

OpenStreetMap shows nearby mapped places including Lillian H. Smith Park (142 m) and 大統華 T&T Supermarket (123 m).

Sources & distance notes

Distances are approximate straight-line estimates to mapped points or area centres. School proximity does not establish attendance eligibility. Published transit locations do not confirm service at this moment.

© OpenStreetMap contributors · ODbL

Explore the area: Toronto.

This overview uses facts reported by the listing and named local sources. Please confirm details with the listing brokerage.

Listing brokerage: HOMELIFE LANDMARK REALTY INC.. Displayed by EnterHome Realty. Source: authorized IDX record, MLS® C14178466. Information deemed reliable but not guaranteed.

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