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Est. payment | /mo
1,200 SqFt
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Est. payment | /mo
1,200 SqFt
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Municipality Toronto E03
Subdivision O'Connor-Parkview
MLS Listing ID E13631972
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
Rare opportunity to acquire a one-of-a-kind convenience store with a fully equipped commercial restaurant kitchen in a prime Toronto location. The current owner operates only the convenience store due to staffing shortages, leaving tremendous upside for a new owner to activate the restaurant operation and significantly increase revenue.The business generates approximately $9,000 in weekly sales:Cigarettes account for only approximately 15% of sales, Coffee and fresh patties contribute approximately 25% of sales and continue to attract loyal repeat customers.ATM commission exceeds $1,000 per month.OLG Lottery commission is approximately $1,600 per month, providing stable additional income.Located in a densely populated residential neighbourhood surrounded by numerous apartment and condominium buildings, the store benefits from consistent foot traffic and a large local customer base. The existing fully equipped restaurant offers exceptional potential for an owner-operator or family business. Introducing hot food, takeout, catering, or delivery services could dramatically increase sales and profitability.The lease is exceptionally attractive, with rent of only $2,209 per month (all inclusive) for the main-floor commercial premises. In addition, the property includes a newly renovated two-bedroom apartment on the second floor for only $1,270 per month, ideal for owner occupancy or rental income.The current lease runs until April 30, 2029, with an additional five-year renewal option, providing long-term security for the new owner.
Location
Province ON
County Toronto
Community Toronto E03
Area Toronto
Zoning Commercial
Interior
Cooling Yes
Exterior
Utilities Available Yes
Others
Security Features Yes
ParcelsYN No
Listed by HOMELIFE LANDMARK REALTY INC.
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