170 Steelwell Rd. #200
Brampton, ON L6T 5T3
Smoke & Cannabis Retail Businesses in Ontario
Explore smoke shops, vape shops, and cannabis retail businesses for sale in Ontario. Since legalization, cannabis retail has become a growing industry with many independent operators and licensed retail locations across the province.
Opportunities may include cannabis retail stores, smoke shops, and vape stores serving local communities with regulated products and accessories.
Smoke & Cannabis Retail Businesses for Sale in Ontario
Smoke & Cannabis Retail Businesses for Sale in Ontario
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5 - 1375 DANFORTH ROAD in Toronto (Eglinton East): Business for sale : MLS®# E13679896
5 - 1375 DANFORTH ROAD Toronto (Eglinton East) M1J 1G7 
$99,000Business- Status:
- Active
- MLS® Num:
- E13679896
- Major Bus.:
- Restaurant
Prime restaurant opportunity with exceptionally low rent of $2,750/month. Features include an8ft hood, excellent street visibility, and a long-term lease in place until 2032. Ideal fortakeout/dine-in restaurant, cafe, bakery, or fast-casual concepts. The space also offerspotential to be converted for other permitted uses such as franchise operations, conveniencestore, or vape store, subject to landlord and municipal approvals. Located in a high-traffic,high-demand area, this property provides affordability, flexibility, and strong business growthpotential, making it an excellent option for both new and expanding operators. (id:2493) More detailsListed by RE/MAX EXCELLENCE REAL ESTATE
- Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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780 CONCESSION 8 Road W in Puslinch: Business for sale : MLS®# 40856051
780 CONCESSION 8 Road W Puslinch N0B 2J0
$3,500,000Business- Status:
- Active
- MLS® Num:
- 40856051
Exceptional opportunity to acquire a fully operational, Health Canada licensed cannabis processing business with established infrastructure, expansion potential, and long-term security of tenure. The business operates from a professionally developed facility situated on a remarkable 49-acre property, offering significant opportunities for future growth within the cannabis sector. The operation includes approximately 27,000 sq. ft. of processing, manufacturing, warehouse, office and support space, all designed to support cannabis processing and related operations. The facility is currently occupied under a long-term lease, providing stability for continued operations, and includes a Right of First Refusal (ROFR) to purchase the property. The landlord is willing to sell the real estate separately, creating a unique pathway for future ownership. This is a true turnkey opportunity with substantial room to expand. The property has already received site plan approval for an additional 200,000 sq. ft. expansion, allowing a purchaser to significantly increase production, processing, storage or related operations. There are also opportunities to pursue cannabis cultivation and growing operations, subject to licensing and regulatory approvals. In addition to the industrial facilities, the site includes a stunning 8-bedroom, 5-bathroom conference and accommodation building featuring two kitchens, sauna, fitness centre, garage and multiple meeting spaces. Originally designed as a conference and meeting centre, the building provides flexibility for executive accommodations, staff housing, training facilities or rental income opportunities. Whether you are an existing cannabis operator seeking immediate production capacity or new to the business, this is the perfect turn-key property with possible VTB financing. (id:2493) More detailsListed by Vancor Realty Inc. - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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114 QUEEN STREET in Toronto (Church-Yonge Corridor): Business for sale : MLS®# C13673306
114 QUEEN STREET Toronto (Church-Yonge Corridor) M5C 1S6
$259,000Business- Status:
- Active
- MLS® Num:
- C13673306
- Major Bus.:
- Retail and Wholesale
- Floor Area:
- 900 sq. ft.
Excellent opportunity to own an established Vape & Convenience Store in the highly desirable Queen & Jarvis area. Approximately 900 sq. ft. with an attractive lease rate of $3,500/month + applicable taxes and lease secured until October 2030, plus a 5-year renewal option. The convenience store generates approximately $65000+ per month in sales, with cigarettes representing approximately 20% of the business. Lottery terminal was just introduced which adding extra income. Convenient operating hours from 8 AM to 12 AM. Great opportunity for an entrepreneur looking to take over an established operation in a busy and well-connected location. (id:2493) More detailsListed by HOMELIFE/MIRACLE REALTY LTD - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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6 JAMES STREET N in Hamilton (Beasley): Business for sale : MLS®# X13666902
6 JAMES STREET N Hamilton (Beasley) L8R 2J9
$75,000Business- Status:
- Active
- MLS® Num:
- X13666902
- Major Bus.:
- Retail and Wholesale
Excellent opportunity to own and operate a profitable vape retail business in a prime, high-visibility downtown Hamilton location. Situated directly across from McMaster University CCE and beside The Standard Fine Dining Restaurant (open late), this store benefits from steady pedestrian traffic and strong surrounding anchors including Gino's Pizza, Popeyes, and Subway. A high-rise office building directly across the street adds additional daily customer flow.This easy-to-manage 402 sq. ft. retail space generates approximately $10,000 in monthly gross sales ($5,000 weekly). Monthly rent is $2,347 including TMI and HST, with utilities averaging about $250 per month. The current lease runs through 2029 with an option to renew. Flexible operating hours with no restrictions for extended hours to further boost revenue. Ideal for an entrepreneur looking to be their own boss and grow an already successful operation. Add your ideas and scale the business to the next level. A turnkey opportunity with strong fundamentals and long-term income potential. (id:2493) More detailsListed by BAY STREET GROUP INC. - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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4244 HIGHWAY 520 in Magnetawan: Business for sale : MLS®# X13668352
4244 HIGHWAY 520 Magnetawan P0A 1P0
$1,795,000Business- Status:
- Active
- MLS® Num:
- X13668352
- Major Bus.:
- Retail and Wholesale
- Floor Area:
- 11,657 sq. ft.
Rare opportunity to own a convenience store business and one of a kind Restaurant with real property in Magnetawan, ON. The Convenience Store currently holds a license permitting liquor sales, providing an additional revenue opportunity and further diversifying the business. Situated on a corner lot with ample parking, just 45 minutes from Parry Sound and Huntsville. The Property's location on HWY 520 surrounding local community as well as cottage and tourist market. Plenty of room to grow business, with potential to add Beer/wine in Convenience Store, Vape store and more. First floor has 4 bed 1 bath and 3 bed 2 bath units. Second floor has 7 bedroom 1 bathroom which can be used for Airbnb/Vrbo. A true turn-key operation, perfect for a hands-on family ownership model or Investor. (id:2493) More detailsListed by RE/MAX REAL ESTATE CENTRE INC. - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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71 JOHN STREET in Greater Napanee (Greater Napanee): Business for sale : MLS®# X13668838
71 JOHN STREET Greater Napanee (Greater Napanee) K7R 1P9
$124,500Business- Status:
- Active
- MLS® Num:
- X13668838
- Major Bus.:
- Unknown
Excellent opportunity to acquire a licensed cannabis retail Excellent opportunity to acquire a licensed cannabis retail business in a growing Greater Napanee location. Professionally built retail space featuring quality leasehold improvements, modern display fixtures, POS systems, surveillance equipment, and operational infrastructure included in the sale. Well-positioned location with strong visibility and established operations. Ideal opportunity for owner-operators or investors seeking expansion within the cannabis retail sector. (id:2493) More detailsListed by SUTTON GROUP-MASTERS REALTY INC., BROKERAGE - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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473A CHURCH STREET in Toronto (Church-Yonge Corridor): Business for sale : MLS®# C13661732
473A CHURCH STREET Toronto (Church-Yonge Corridor) M4Y 2C5
$325,000Business- Status:
- Active
- MLS® Num:
- C13661732
- Major Bus.:
- Retail and Wholesale
- Floor Area:
- 676 sq. ft.
REMARKS FOR CLIENTS Rare Opportuniry in a Prime Downtown Toronto Location. High Foot Traffic Area. Same Owner for over 20 years. Long Lease of 10 Years and Short Business Hours. Tobacco, Premium Cigar, Vape, Smoking Accessories, Beer and much more. Much Higher Profit then other Convenience Store due to High Sales of Smoking Accessories. It's been only less than 2 Years that the Seller put Lottery Terminal and the Commission is Keep Increasing . Only 1 Person behind Counter can Operate and Lot's of Opportunities to Increase Sales. (id:2493) More detailsListed by HOME STANDARDS BRICKSTONE REALTY - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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646 ERB Street W Unit# 101 in Waterloo: Business for sale : MLS®# 40854671
646 ERB Street W Unit# 101 Waterloo N2T 2K8
$85,000Business- Status:
- Active
- MLS® Num:
- 40854671
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 detailsListed by CENTURY 21 RIGHT TIME REAL ESTATE INC. - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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389 BAYFIELD STREET in Barrie (Bayfield): Business for sale : MLS®# S13644788
389 BAYFIELD STREET Barrie (Bayfield) L4M 3C5
$80,000Business- Status:
- Active
- MLS® Num:
- S13644788
- 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 detailsListed by HOMELIFE LANDMARK REALTY INC. - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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1851 LAWRENCE AVENUE E in Toronto (Wexford-Maryvale): Business for sale : MLS®# E13637376
1851 LAWRENCE AVENUE E Toronto (Wexford-Maryvale) M1R 2Y3
$39,000Business- Status:
- Active
- MLS® Num:
- E13637376
Turnkey opportunity to acquire a successful and profitable vape retail business with roughly $20k worth of inventory ideally situated on a high-traffic stretch of Lawrence Avenue East. This well-established shop benefits from excellent visibility, consistent foot traffic, and a rapidly growing, loyal customer base. Featuring attractive end-user pricing, streamlined operations, and strong margins, the business is positioned for immediate cash flow with minimal competition in the surrounding area. The space is fully equipped and professionally set up, allowing a seamless transition for a new owner. Significant upside potential exists through extended hours, product expansion, and online sales integration. Rare opportunity to step into a thriving business in a prime location. (id:2493) More detailsListed by RE/MAX COMMUNITY REALTY INC. - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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407 DALHOUSIE STREET in Ottawa: Business for sale : MLS®# X13637512
407 DALHOUSIE STREET Ottawa K1N 9K4
$390,000Business- Status:
- Active
- MLS® Num:
- X13637512
- Major Bus.:
- Restaurant
- Floor Area:
- 1,000 sq. ft.
Turnkey Smoke's Poutinerie Franchise For Sale One Of The Top Poutinerie Food Franchises For Sale In Ottawa Downtown. This Well-Established Store Is Situated In Prestigious Location Steps from University of Ottawa (40,000+ students) And Proximity To Government Offices, Rideau LRT Station, Rideau Centre (Ottawa's largest mall). Surrounded By High Rise Building, Residential Neighbourhoods, Offices, And Retail, Ensuring Great Visibility And High Foot Traffic. It Offers Consistent Sales, Is Easy To Operate With Full Franchise Support, And Is Ideal For Owner-Operators, Looking For A Profitable And Reputable Brand Opportunity. Unbeatable Location Key Highlights: Prime Location: A Popular Spot For Poutinerie. Strong Financial Performance: Net Monthly Sales: Approx. $60,000 (And Growing) Rent: Approx. $6560/Month (TMI Included)Lease: Current Lease Long Term Till July 2027 + 5 Years Royalty Fee: 6% Advertising Fee: 2% Store Area: Approx. 1000 Sq. Ft. Full Training Will Be Provided To The New Buyer. Don't Miss This Opportunity! (id:2493) More detailsListed by HOMELIFE/MIRACLE REALTY LTD - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
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68 DUNLOP STREET W in Barrie (City Centre): Business for sale : MLS®# S13629848
68 DUNLOP STREET W Barrie (City Centre) L4N 1A6
$45,000Business- Status:
- Active
- MLS® Num:
- S13629848
- Major Bus.:
- Retail and Wholesale
- Floor Area:
- 1,200 sq. ft.
Fantastic opportunity to own a well-positioned convenience store in a busy downtown location with excellent visibility, steady foot traffic, and significant growth potential. The area is surrounded by established residential neighbourhoods and businesses, with new condominium developments and ongoing growth expected to bring even more customers to the area.One of the key advantages of this opportunity is the potential to add a vape store component within the existing business, subject to applicable approvals and licensing, creating an additional revenue stream.The business benefits from very affordable rent of approximately $1,680/month including HST, offering excellent overhead control and stability. With the existing infrastructure already in place, this is an ideal opportunity for an owner-operator, family business, or entrepreneur looking for a turnkey operation with multiple avenues for growth.With strong fundamentals, low occupancy costs, and substantial untapped potential, a motivated buyer has an excellent opportunity to expand the business, increase revenue, and significantly improve profitability. (id:2493) More detailsListed by HOME CHOICE REALTY INC. - Ravneet Kaur
- Royal Star Realty Inc
- (437) 788-5550
- Contact by Email
Data was last updated August 17, 2026 at 07:45 AM (UTC)
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Cannabis Retail Business FAQs
Are cannabis retail businesses legal in Ontario?
Yes. Cannabis retail stores operate under regulations set by the Alcohol and Gaming Commission of Ontario (AGCO) and must meet licensing requirements.
Can smoke shops sell cannabis?
No. Cannabis products must be sold through licensed cannabis retail stores approved by provincial regulators.
Are cannabis retail stores profitable?
Some cannabis retailers generate strong revenue depending on location, market competition, and product selection.
Thinking of Selling a Cannabis Retail Business?
If you are planning to sell a cannabis retail store, smoke shop, or vape shop in Ontario, submit your business details and connect with buyers searching for opportunities.
