Forgot password Extend Verify Contact

391 Lumsden Avenue
Crescent Town Toronto M4C 2L6

$349,000 /For Sale
Commercial

Main Photo: 391 Lumsden Avenue in Toronto
Photo 1: 391 Lumsden Avenue in Toronto
Photo 2: 391 Lumsden Avenue in Toronto
Photo 3: 391 Lumsden Avenue in Toronto
Photo 4: 391 Lumsden Avenue in Toronto
Photo 5: 391 Lumsden Avenue in Toronto
Photo 6: 391 Lumsden Avenue in Toronto
Photo 7: 391 Lumsden Avenue in Toronto
Photo 8: 391 Lumsden Avenue in Toronto
Photo 9: 391 Lumsden Avenue in Toronto
Photo 10: 391 Lumsden Avenue in Toronto
Photo 11: 391 Lumsden Avenue in Toronto
Photo 12: 391 Lumsden Avenue in Toronto
Photo 13: 391 Lumsden Avenue in Toronto
Photo 14: 391 Lumsden Avenue in Toronto
Photo 15: 391 Lumsden Avenue in Toronto
Photo 16: 391 Lumsden Avenue in Toronto
Photo 17: 391 Lumsden Avenue in Toronto
Status:
Active
Prop. Type:
Commercial
MLS® Num:
E13174666
Bus Major:
Grocery/Supermarket
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 $23,000, 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.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
2300 sq. ft. Sq Ft
Lot Depth:
134'
Lot Frontage:
45'7"
Water supply:
Municipal
Zoning:
CR, RD(f6;a185;d0.75)
Heating type:
Gas Forced Air Closed
Garage:
Outside/Surface
HST Applicable To Sale Price:
Included In
Assessment Year:
2025
Type Taxes:
Annual
Taxes:
$17,930 / 2026
Assessment:
$- / 2025
Toronto
Toronto E03
Crescent Town
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
No
Major Business Type:
Grocery/Supermarket
Category:
Without Property
Franchise:
No
Hours Open:
8am-10pm
Employees:
1
Chattels:
No
LLBO:
No
Seats:
0
Date Listed:
May 26, 2026
Original Price:
Previous Price:
  • Photo 1: 391 Lumsden Avenue in Toronto
    Photo 1 of 17
  • Photo 2: 391 Lumsden Avenue in Toronto
    Photo 2 of 17
  • Photo 3: 391 Lumsden Avenue in Toronto
    Photo 3 of 17
  • Photo 4: 391 Lumsden Avenue in Toronto
    Photo 4 of 17
  • Photo 5: 391 Lumsden Avenue in Toronto
    Photo 5 of 17
  • Photo 6: 391 Lumsden Avenue in Toronto
    Photo 6 of 17
  • Photo 7: 391 Lumsden Avenue in Toronto
    Photo 7 of 17
  • Photo 8: 391 Lumsden Avenue in Toronto
    Photo 8 of 17
  • Photo 9: 391 Lumsden Avenue in Toronto
    Photo 9 of 17
  • Photo 10: 391 Lumsden Avenue in Toronto
    Photo 10 of 17
  • Photo 11: 391 Lumsden Avenue in Toronto
    Photo 11 of 17
  • Photo 12: 391 Lumsden Avenue in Toronto
    Photo 12 of 17
  • Photo 13: 391 Lumsden Avenue in Toronto
    Photo 13 of 17
  • Photo 14: 391 Lumsden Avenue in Toronto
    Photo 14 of 17
  • Photo 15: 391 Lumsden Avenue in Toronto
    Photo 15 of 17
  • Photo 16: 391 Lumsden Avenue in Toronto
    Photo 16 of 17
  • Photo 17: 391 Lumsden Avenue in Toronto
    Photo 17 of 17
Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated May 26, 2026 at 04:15 PM (UTC)
This website may only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate of the type being offered via the website. The data relating to real estate on this website comes in part from the MLS® Reciprocity program of the PropTx MLS®. The data is deemed reliable but is not guaranteed to be accurate.