1194 Danforth Avenue Toronto, Ontario M4J 1M6

1,500 ft2
Fully Air Conditioned No Heat

$79,000

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 . (id:47351)

Business

Business Type Retail and Wholesale
Business Sub Type Convenience store

Property Details

MLS® Number E12726262
Property Type Business
Community Name Danforth
Amenities Near By Public Transit
Parking Space Total 2

Building

Cooling Type Fully Air Conditioned
Heating Type No Heat
Size Exterior 1500 Sqft
Size Interior 1,500 Ft2
Utility Water Municipal Water

Land

Acreage No
Land Amenities Public Transit
Zoning Description Commercial/retail

https://www.realtor.ca/real-estate/29285978/1194-danforth-avenue-toronto-danforth-danforth