37a - 1530 Albion Road, Toronto, Ontario M9V 1B4

Listed for:
$224,900
0 beds
0 baths
Listed 49 days ago
37a - 1530 Albion Road, Toronto, Ontario M9V 1B4

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Learn more about this property
Listing provided by:
RE/MAX PREMIER INC.
MLS® number:
W12435385
Agent:
Amandeep Singh Phul
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About

Cross Streets: Finch and Kipling. ** Directions: Off Albion Road. Very busy convenience store inside Albion Mall & can open outside of standard mall hours and on long weekends. Great location .... At a busy albion mall entrance (two entrances), good visibility and foot traffic. Gross Monthly Sales approx. $50,000-$55,000 . Lottery commission approx. $6,500 to $6,800 monthly and growing. Cigarette rebates about $500 to $600/month. Additional income streams (approx. $600 to $700) from Bitcoin, ATM, and PUDO (pick-up and drop-off) services. Rent: $6,931.51/month including TMI (Taxes, Maintenance, Insurance) & HST. Lotto commission covers rent + utilities. There's huge potential to add beer & wine sales, key cutting, money transfer service which could significantly raise revenues. As lottery commissions and other side incomes are growing, there may be further room to expand other revenue-streams or optimize operations. (id:27476)

Property Highlights

MLS® Number
W12435385
Type
Business
Community Name
Mount Olive-Silverstone-Jamestown
Land Size
20 x 50 FT

Building

Square Footage
979 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Electric
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location