1194 Danforth Ave

LocationDanforth, M4J 1M6
$79K For Sale
Property Images
Property Images
Property Images
Property Images
Property Images

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 .

Features

  • Business Type
    Category: Convenience/Variety
  • Commercial Total Area
    Total Area: 1,500 sqft
  • Commercial Office Area
    Office Area: 300 sqft
  • Commercial Retail Area
    Retail Area: 1,200 sqft
  • Commercial Parking Spaces
    Total Parkings: 2
  • Commercial Parking Types
    Parking Types: None

Details

  • Commercial Zoning
    Zoning: CommercialRetail
  • Business Hour
    Business Hours: 8am-9pm
  • Alcohol Allowed
    Alcohol Allowed: N
  • Number of Employees
    Total Employees: 1
  • Commercial Features
    Features: Public Transit
  • MLS
    E12726262
  • Listing contracted with: HOMELIFE LANDMARK REALTY INC.

Transit Accessibility

Greenwood Subway Station (0.2km)
Danforth Go Train Station (2.6km)

Location