CAONEast York391 Lumsden Ave
Listing image | Image 1
Link Copied

391 Lumsden Ave, East York, ON

House

For Sale

Listed price in listed location currency (CAD).
$349,000

000

MLS® E13174666

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size -
Garage Outside/Surface
Taxes $17,930
Days Active 0
Lot Size 
Approx. Age 
MLS® Number E13174666

Property Address: 391 Lumsden Ave, East York, ON, M4C2L6

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® NumberE13174666
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
GarageOutside/Surface
Approx. Age
Basement
DrivewayGarage Type:Outside/Surface
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 26, 2026List Date
$349,000List Price
  • Commute

Commute

Starting Address
Destination Address
391 Lumsden Ave, East York, ON
Loading...

Similar Listings

Comparable Properties

Explore eXpFind an AgentJoin eXpInvestor RelationsCompany Careers
eXp LifeZoocasaSuccessQuebec ListingsAccessibility
Terms and ConditionsPrivacy PolicyCookie PolicyModalitésPolitique de confidentialitéSitemap

800 - 1070 Douglas Street, Victoria, BC, V8W2C4

833-303-0610

[email protected]

eXp Realty.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. eXp Realty holds real estate brokerage licenses in multiple provinces. For information on licenses please contact us at [email protected]

For listings in Canada, the trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

© 2026 eXp Realty. eXp World Holdings, Inc. All Rights Reserved