391 Lumsden Avenue, Toronto E03, ON M4C 2L6
Toronto E03
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.
Estimate only - excludes property tax, condo fees, utilities and home insurance. Rates vary by lender and term; based on semi-annual compounding.
Walkability, transit, and bike-friendliness for 391 Lumsden Avenue, Toronto E03, ON M4C 2L6
Provided by Walk Score®. Walk Score, Transit Score, and Bike Score are trademarks of Walk Score.
MLS# E13174666
Listed by HOMELIFE LANDMARK REALTY INC.
On market since May 26, 2026
391 Lumsden Avenue, Toronto E03, ON M4C 2L6 is listed for $349,000 CAD.
391 Lumsden Avenue, Toronto E03, ON M4C 2L6 is a Sale Of Business.
391 Lumsden Avenue, Toronto E03, ON M4C 2L6 is in Toronto E03, Ontario.
391 Lumsden Avenue, Toronto E03, ON M4C 2L6 is currently for sale.
Contact Michael Mezheritsky to arrange a private showing of 391 Lumsden Avenue, Toronto E03, ON M4C 2L6 (MLS# E13174666). You can also send a message through the contact form on this site.
