$349,000
FOR SALE

Business for Sale

Grocery/Supermarket

Lot: 45.58 x 134 ft
2026 Taxes: $17,930

391 Lumsden Ave
Toronto, ON M4C 2L6 | Crescent Town

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.
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Listed By HOMELIFE LANDMARK REALTY INC.
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number E13174666
Last Updated May 26, 2026
Property Summary
Property Type Business For Sale

More like this:
Use Grocery/Supermarket
Franchise Non-Franchise
PIN 104320583
Taxes (2026) $17,930
Directions/Cross Streets Lumsden/Barrington Ave
Neighbourhood Crescent Town
Area Toronto
Price History

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Detailed Information
Lot 45.58 x 134 ft
Air Conditioning Yes
Basement Basement
Garage Type Outside/Surface
Heat Type Gas Forced Air Closed

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