$349,000
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391 Lumsden Avenue, Toronto (crescent Town), ON M4C2L6

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. (id:58753)

  • MLS® E13174666
  • Date Listed05/26/2026
  • Days on Realty 12 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type Other
  • Water Public

Interior Features

  • Cooling Fully air conditioned
  • Heating Forced air, Natural gas

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT -
  • Lot Features -

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for M4C2L6

Discover key demographics, population statistics, and environmental insights for the Toronto (crescent Town), ON area.

Walkability in ON / M4C2L6

Source: Walk Score

97/100

Walker's Paradise

Walk Score ®

89/100

Excellent Transit

Transit Score ®

92/100

Biker's Paradise

Bike Score ®

Overview

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.


Transit Summary

22 nearby routes: 20 bus, 2 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 73/100, Transit Score: 71/100, Bike Score: 65/100.

Frequently Asked Questions for 391 LUMSDEN AVENUE

Source: Realty.com

391 LUMSDEN AVENUE, Toronto (Crescent Town), ON M4C2L6 in Toronto (Crescent Town), ON M4C2L6 is a other listed at $349,000. Realty.ca has 17 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 17 photos of 391 LUMSDEN AVENUE.

The full address for this home is 391 LUMSDEN AVENUE, Toronto (Crescent Town), ON M4C2L6.

391 LUMSDEN AVENUE has been listed on Realty.com since Tue May 26, 2026

Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.

The average walkability score in the surrounding area is Walk Score: 73/100, Transit Score: 71/100, Bike Score: 65/100.

Listing provided courtesy of: HOMELIFE LANDMARK REALTY INC.
Listing agent: WILLIAM CAI

This content last refreshed on 2026-06-07 02:16:20. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.