Address
1194 Danforth Avenue, Toronto, ON
Price
$ 69,000
Property Attributes
  • ID#E13806718
  • TypeCommercial
  • Listing Status Active
  • MunicipalityToronto
  • CityToronto
  • NeighbourhoodDanforth
  • Postal CodeM4J 1M6
  • StyleCommercial Business
  • Price$ 69,000
  • Bedrooms{}
  • Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1500
Data Source:
RLP - CREA EN
Property Description

Excellent opportunity to acquire a well-established convenience store located at a major, high-traffic intersection in East York, Toronto. This store benefits from strong visibility, consistent walk-in traffic, and a solid customer base.The business currently generates approximately $7,000 in weekly sales, with additional stable income streams including lottery commission of about $800/month, ATM income of $300/month, Bitcoin machine income of $270/month, photo services bringing in $500/month, and key cutting services generating $300/month.Current rent is $3,700 per month, including HST, water, and TMI, offering excellent value for such a prime location. A new 5 + 5 year lease is available for the new owner, providing long-term stability.This business offers significant growth potential, particularly by adding beer and wine sales (subject to approvals). It is also versatile and may be converted to another type of business, making it ideal for owner-operators .

General Features

Zoning Commercial/Retail
Terms SALE
Neighbourhood Danforth
Property Sub Type COMMERCIAL_BUSINESS
jumpId 29257514
Property Subtype French Commercial Business
Listing Type French Commercial
MLS E13806718
Property Type Business

Interior Features

Living Area Range 1500 sqft
Bedrooms {}
Cooling Type Fully air conditioned
Heating Type No heat

Amenities

  • Views
  • New Construction
  • Adult 55+
  • Lease To Own
  • No Strata Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in M4J 1M6

Price
AVG $830K
$70K