Cannabis Stores for Sale in Ontario

Explore cannabis stores for sale in Ontario including licensed cannabis dispensaries, retail cannabis stores and investment opportunities across the province.

Ontario has one of the largest legal cannabis retail markets in Canada, creating opportunities for entrepreneurs and investors looking to acquire established dispensaries.

Cannabis Stores for Sale in Ontario

Cannabis Stores for Sale in Ontario

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1-12/14
  • 646 ERB Street W Unit# 101 in Waterloo: Business for sale : MLS®# 40837136

    646 ERB Street W Unit# 101 Waterloo N2T 2K8
    Main Photo: 646 ERB Street W Unit# 101 in Waterloo: Business for sale : MLS®# 40837136
    $225,000
    Business
    Status:
    Active
    MLS® Num:
    40837136
    Rare opportunity to purchase a CANNABIS retail business in a high-exposure Waterloo location. Situated in a busy commercial plaza along Erb Street West, this turnkey operation offers strong visibility, ample parking, and excellent growth potential. Buyer to obtain all required licences and regulatory approvals. Inventory extra. Total area 1150 sq ft. The rent is $6500 including TMI and HST. (id:2493) More details
    Listed by CENTURY 21 RIGHT TIME REAL ESTATE INC.
  • 25 UNIVERSITY Avenue E in Waterloo: Business for sale : MLS®# 40837020

    25 UNIVERSITY Avenue E Waterloo N2J 2V9
    Main Photo: 25 UNIVERSITY Avenue E in Waterloo: Business for sale : MLS®# 40837020
    $450,000
    Business
    Status:
    Active
    MLS® Num:
    40837020
    PROFITABLE AND WELL ESTABLISHED CANNBIS retail business in a highly visible and accessible UNIVERSITY AREA OF WATERLOO. Situated on a major corridor near University of Waterloo, Wilfred Laurier University and Conestoga college, this turnkey operation benefits from strong pedestrian and vehicle traffic, a growing customer base, and a strategic position within one of Waterloo's most active commercial districts. The business offers a modern retail environment, established supplier relationships, and a diverse selection of cannabis products and accessories. The area is surrounded by residential neighbourhoods, student housing, restaurants, and retail amenities, creating consistent year-round demand. Ideal opportunity for an owner-operator or investor looking to expand within Ontario's cannabis retail sector. Inventory extra. Purchaser must independently obtain all required approvals, permits, and licences to operate the business. Current lease is signed for 5 years, can be renewed for another 5 years term. Total area 1850 sq ft. Rent is $13500/MONTH including TMI and HST. (id:2493) More details
    Listed by CENTURY 21 RIGHT TIME REAL ESTATE INC.
  • 615 KING STREET W in Toronto (Waterfront Communities): Business for sale : MLS®# C13250188

    615 KING STREET W Toronto (Waterfront Communities) M5V 1M5
    Main Photo: 615 KING STREET W in Toronto (Waterfront Communities): Business for sale : MLS®# C13250188
    $175,000
    Business
    Status:
    Active
    MLS® Num:
    C13250188
    Prime King West investment/owner-operator opportunity! Rare 2-storey retail space in the heart of the Entertainment District with two fully licensed businesses under one address, a cannabis dispensary and a vape shop, each with its own entrance. Approx. 600 sq ft per level (about 1,200 sq ft total). Surrounded by condos, offices, restaurants and nightlife on high-traffic King St W, bringing strong walk-in traffic all day and evening. Turnkey operation with transferable licenses (buyer to verify) and room to grow or rebrand. Ideal for an operator wanting multiple revenue streams from one location or an investor looking for cash flow. (id:2493) More details
    Listed by HOMELIFE LANDMARK REALTY INC.
  • B5 - 1900 DUNDAS STREET W in Mississauga (Sheridan): Business for sale : MLS®# W13171130

    B5 - 1900 DUNDAS STREET W Mississauga (Sheridan) L5K 1P9
    Main Photo: B5 - 1900 DUNDAS STREET W in Mississauga (Sheridan): Business for sale : MLS®# W13171130
    $150,000
    Business
    Status:
    Active
    MLS® Num:
    W13171130
    Floor Area:
    1,430 sq. ft.
    ** SALE OF BUSINESS ONLY FRANCHISE OPPORTUNITY** Established Great Income Generated Cannabis Retail Store For Sale With a Large Regular Customers Base. Franchisor Willing To Trained, Be Your Owned Boss. Located in Plaza With Bar, Restaurants and Many Other Businesses. Plenty of Parking Spaces, Easy Access To Main Road and Highway. Closed To University of Toronto Mississauga Campus. (id:2493) More details
    Listed by HOMELIFE LANDMARK REALTY INC.
  • 389 BAYFIELD STREET in Barrie (Bayfield): Business for sale : MLS®# S13110092

    389 BAYFIELD STREET Barrie (Bayfield) L4M 3C5
    Main Photo: 389 BAYFIELD STREET in Barrie (Bayfield): Business for sale : MLS®# S13110092
    $130,000
    Business
    Status:
    Active
    MLS® Num:
    S13110092
    Major Bus.:
    Unknown
    Discover an exceptional opportunity to own a modern, turnkey cannabis retail business in a prime Barrie location near Bayfield St and Cundles Rd. Situated in a high-traffic commercial area with excellent visibility and ample parking, this well-designed 2,143 sq ft store offers a bright contemporary layout and a welcoming customer experience. Fully equipped and operating as an established franchise, this business is easy to manage and ideal for both experienced operators and new entrepreneurs. Strong surrounding residential density and consistent traffic provide excellent growth potential. A rare chance to acquire a stylish, ready-to-operate business in one of Barrie's busiest retail corridors. (id:2493) More details
    Listed by HOMELIFE LANDMARK REALTY INC.
  • 211 KING STREET in Unorganized Townships (Eldee): Business for sale : MLS®# X13108564

    211 KING STREET Unorganized Townships (Eldee) P0H 2J0
    Main Photo: 211 KING STREET in Unorganized Townships (Eldee): Business for sale : MLS®# X13108564
    $2,200,000
    Business
    Status:
    Active
    MLS® Num:
    X13108564
    Major Bus.:
    Service
    Business with Property for Sale - Gas Station, LCBO Agency, Country Style & Rental Income. Located 30 minutes from North Bay on highway 63 connecting Ontario to Quebec. Gas station with 2024 upgraded fuel system (double-wall fiberglass tanks & lines, new pumps)Convenience store with LCBO agency and Country Style, Three (3) residential apartments -fully rented, Cannabis retail tenant providing additional income, Large detached garage for storage or expansion, Clean Phase II Environmental, High-visibility location with steady local and seasonal traffic Multiple income streams with strong upside potential with no immediate competition. Same owner for the past 30+ years with stable income. Great opportunity for an owner-operator or investor seeking a stable asset with diversified revenue in a limited-competition market. Short operating hours from 8am to 8pm 7 days a week. (id:2493) More details
    Listed by RIGHT AT HOME REALTY
  • 2 - 811 DUNDAS STREET W in Toronto (Trinity-Bellwoods): Business for sale : MLS®# C13084200

    2 - 811 DUNDAS STREET W Toronto (Trinity-Bellwoods) M6J 1V4
    Main Photo: 2 - 811 DUNDAS STREET W in Toronto (Trinity-Bellwoods): Business for sale : MLS®# C13084200
    $45,000
    Business
    Status:
    Active
    MLS® Num:
    C13084200
    Major Bus.:
    Unknown
    Floor Area:
    2,260 sq. ft.
    Cannabis Dispensary in in Trinity Bellwoods, minutes from Bellwood Park, offers premier street-level presence with a striking 15-foot frontage and 16-foot height on a but Dundas corridor. Located adjacent to Pizza Pizza and surrounded by dense residential clusters, it guarantees high foot traffic. This turnkey opportunity includes fully compliant licenses and registrations, turnkey fixtures and security, an established supplier network, and trained staff, plus a scalable product mix (flowers, vapes, edibles, concentrates, and accessories). Enjoy a modern, inviting interior and proven sales potential in a walkable, vibrant neighborhood. New ownership with opportunity to scale and delivery options that just need setup. (id:2493) More details
    Listed by RE/MAX ULTIMATE REALTY INC.
  • 764 ST CLAIR AVENUE W in Toronto (Humewood-Cedarvale): Business for sale : MLS®# C13068226

    764 ST CLAIR AVENUE W Toronto (Humewood-Cedarvale) M6C 1B5
    Main Photo: 764 ST CLAIR AVENUE W in Toronto (Humewood-Cedarvale): Business for sale : MLS®# C13068226
    $99,000
    Business
    Status:
    Active
    MLS® Num:
    C13068226
    Floor Area:
    950 sq. ft.
    Cash Flowing & Money Making Cannabis Dispensary Business For Sale! Check Out Our Professional Website helloedition.com. $35,000 to $42,000 in Sales per Month with Tons of Potential to Increase & Grow Sales! Just for You, Approximately $25-30,000 of Inventory Will be Included with the Sale! Edition X Was One of the First Dispensaries to Open & Has Won Awards & Has Been Highlighted in Many Articles! The Entire Business is For Sale, Including the Corporation, Licenses, Equipment, Lease Take Over, Inventory & Stock, All Furniture & Renovations, All Signs & More! Extra Low Monthly Rent & Very Healthy Gross Margin & Profit! Huge Amount of Inventory Included with the Sale! Located in a Very Heavy Traffic Area Beside St Clair TTC Route, Between Dufferin St. & Bathurst St. This is NOT a Franchise, Only 1 Location, Enjoy Having No Franchise Fees & Be Your Own Boss. Diversified Ordering Including Deliveries & Website Orders - Turnkey System! You Will Pay Off the Business Cost in Less Than a Year. Over $300,000 Was Spent to Renovate the Place & Get this Business Up & Running - and Now For Sale at a Fraction of the Price - Totally Turn-Key For You! Operating for 6 Years Come June, Great Client, Customer Base & Loyalty Members. Online Ordering & Deliveries Have Been Mastered & Also Tons of Potential to Grow. Take Over This Business with 100% Equity Ownership, No Loans! Approximately 950 sqft of Finished Commercial Space + an Unfinished Basement for Your Storage Needs & a Bathroom for Employees. 2 Parking Spots with This Unit Including in the Attached Garage + Driveway Area + More Spaces at the Back. If You Have Dreamed to Own a Neighborhood Oriented Stand-Alone Cannabis Dispensary Where You Can Apply Your Touch and Make Your Business Unique with High Quality Products & Service Compared to the Large Chains, then This For You! Owner Will Provide Training & All the In's & Out's! Open Friday & Saturday 10am-10pm, Sunday 10am-7pm, Monday-Thursday 10am-9pm. (id:2493) More details
    Listed by RE/MAX SUCCESS REALTY
  • 871 DUNDAS STREET in Toronto (Trinity-Bellwoods): Business for sale : MLS®# C12971922

    871 DUNDAS STREET Toronto (Trinity-Bellwoods) M6J 1V6
    Main Photo: 871 DUNDAS STREET in Toronto (Trinity-Bellwoods): Business for sale : MLS®# C12971922
    $39,000
    Business
    Status:
    Active
    MLS® Num:
    C12971922
    Major Bus.:
    Unknown
    Floor Area:
    1,300 sq. ft.
    Rare opportunity to acquire a high-revenue, cash-flowing cannabis dispensary in a prime Midtown Toronto corner location as the Retiring Owner prepares to hand over this neighborhood gem. This 100% equity, turnkey sale includes the corporation, licenses, inventory, and premium renovations, featuring a 1,300 sq. ft. main floor and a 900 sq. ft. high-ceiling basement with massive expansion potential for a delivery hub. Boasting an impressive 37% gross margin, the business generates $30K-$35K in monthly cannabis sales plus accessory and data deal income, all while benefiting from extra low rent ($4,500 + TMI) and two dedicated parking spots. The outgoing owner is committed to a seamless transition and will provide full training and operational support, making this an ideal entry for an independent operator looking to bypass the startup phase in one of Toronto's most vibrant residential and commercial hubs. EXCELLENT OPPURTUNITY to start your own Business. (id:2493) More details
    Listed by HOMELIFE/MIRACLE REALTY LTD
  • 5251 PLANK ROAD in Hamilton Township: Business for sale : MLS®# X12952922

    5251 PLANK ROAD Hamilton Township K0K 2E0
    Main Photo: 5251 PLANK ROAD in Hamilton Township: Business for sale : MLS®# X12952922
    $799,000
    Business
    Status:
    Active
    MLS® Num:
    X12952922
    Major Bus.:
    Retail and Wholesale
    Floor Area:
    3,000 sq. ft.
    ENDLESS POSSIBILITES FOR THIS VARIETY/CONVENIENCE STORE! THE ONLY ONE IN A WIDE KILOMETER RADIUS. CASH FLOW CAN COME FROM LCBO, BEER STORE, TOBACCO AND VAPES, LOTTERY, POSTAL SERVICES, FIREWORKS, LIVE BAIT, CANNABIS STORE, PROPANE SALES, TAKE OUT RESTAURANT AND MORE!...OPEN 364 DAYS A YEAR! DELIVERY GARAGE AND FREIGHT LIFT TO MAKE THE BUSINESS RUN SMOOTH! A FEW STEPS FROM VACATION TRAILERS, THE LAKE AND MARINA AND ALL THE RESIDENTIAL HOMES!!! LIVE WHERE YOU WORK---GREAT SIZE APARTMENT WITH TWO BEDROOMS AND TWO FULL BATHROOMS! LONG HISTORY OF CLIENTELE. (id:2493) More details
    Listed by RE/MAX EXPERTS
  • A - 4635 QUEEN STREET in Niagara Falls (Downtown): Business for sale : MLS®# X12820848

    A - 4635 QUEEN STREET Niagara Falls (Downtown) L2E 2L7
    Main Photo: A - 4635 QUEEN STREET in Niagara Falls (Downtown): Business for sale : MLS®# X12820848
    $99,900
    Business
    Status:
    Active
    MLS® Num:
    X12820848
    Floor Area:
    4,000 sq. ft.
    This exceptional turnkey cannabis retail business at 4635-A Queen Street in downtown Niagara Falls offers a prime 4,000 sq. ft. upscale storefront that has benefited from over $800,000 in high-end build-out, featuring premium retail fixtures, advanced security systems, full accessibility, soaring high ceilings, and convenient parking lot access/entry; fully licensed by the AGCO (ROL, RSA, RML) and operational since 2021 with average monthly sales of $40,000,a stellar 4.6-star Google rating from over 176 reviews, and approximately $120,000 in included cannabis accessories inventory, the business enjoys an attractive all-in lease of $7,300 per month (including TMI and HST) with excellent renewal terms in a vibrant Queen Street corridor buzzing with commercial activity, shops, restaurants, and easy walking access to the nearby Niagara Falls GO Station for seamless visitor/tourist traffic from Toronto and the GTA. Positioned for future growth, the store benefits from immense commercial activity, close proximity to the GO Station, and the thrilling recent purchase of the 1,000-person capacity theatre directly across the street by the Toronto Opera House, guaranteeing a permanent surge in local arts and entertainment crowds. starting later in 2026; ideal for an owner-operator seeking a fully built out business and turnaround potential with no prior industry experience required, buyers can retain the successful branding or implement their own vision with licensing support available to new operants. Furthermore, the sheer size of this expansive commercial footprint offers the incredible flexibility to comfortably rework the space to incorporate additional uses or complementary businesses, making this an unmatched canvas for your entrepreneurial ambitions. (id:2493) More details
    Listed by RARE REAL ESTATE
  • 1716 QUEEN ST STREET E in Toronto (The Beaches): Business for sale : MLS®# E12799090

    1716 QUEEN ST STREET E Toronto (The Beaches) M4L 1G7
    Main Photo: 1716 QUEEN ST STREET E in Toronto (The Beaches): Business for sale : MLS®# E12799090
    $75,000
    Business
    Status:
    Active
    MLS® Num:
    E12799090
    Major Bus.:
    Service
    Floor Area:
    1,200 sq. ft.
    Turn Keys Fully renovated functional clinic ***Amazing Low Rent *** Gross Rent ( Tmi included): $3,350+Hst. Located in the Beaches community for 1200 sqft Retail Space. 4 Treatment Rooms and Two Washrooms. Currently uses as a Holistic Wellness Clinic. It can easily be converted to other types of Retail store or office. No Cannabis, No Auto, No Restaurant. Rare chance to own and grow your own business with minimal effort in one of Toronto's most vibrant neighborhoods. Seller has spent extensive $$ on renovation. SELL Business only Not includes the business name. The Sale price Plus equipment and Chattels. Currently established Holistic Wellness Clinic Providing Shiatsu, Acupuncture, Moxibustion, oriental-rooted treatments that focus on health wellness. Located in a prime area, Offers a unique opportunity for a new owner to step into a successful and reputable business in a high-traffic area and great exposure plaza easy parking. Modern Facilities. (id:2493) More details
    Listed by RE/MAX CROSSROADS REALTY INC.
1-12/14
Data was last updated June 10, 2026 at 08:15 AM (UTC)

Types of Cannabis & Smoke Retail Businesses

Cannabis Retail Business FAQs

Do cannabis stores require licensing in Ontario?

Yes. Cannabis retail stores must operate under licensing and regulatory requirements established by the province of Ontario.

Are cannabis stores profitable businesses?

Cannabis stores can generate strong revenue through retail cannabis products, accessories and repeat customers.

Who buys cannabis retail businesses?

Buyers may include licensed operators, retail investors and entrepreneurs looking to enter the legal cannabis market.

Thinking of Selling a Cannabis Store?

If you are planning to sell a cannabis retail store in Ontario, submit your business details and connect with buyers searching for cannabis retail opportunities.

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