1064 Bloor Street W, Toronto, Ontario M6H 1M6

Listed for:
$389,000
0 beds
0 baths
Listed 26 days ago
1064 Bloor Street W, Toronto, Ontario M6H 1M6

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Learn more about this property
Listing provided by:
HOMELIFE LANDMARK REALTY INC.
MLS® number:
W12481425
Agent:
Tonia Li
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About

Cross Streets: Bloor/Ossington. ** Directions: Off Hwy 401, take Dufferin St. S, turn left on Bloor St.W to 1064#. Great opportunity to own a well-established and profitable convenience store! Same owner for 20 years, now retiring. Located on a high-traffic corner along the Bloor subway line, only 2 minutes from the subway station. Annual sales approx. $800K, with cigarettes account for 45% with the programs which bring the high margin (16%) + high rebates. Grocery accounts for 55%, (margin 40-45%). Stable and strong additional income from ATM, Bitcoin machine, outdoor advertising, and rebates from cigarettes & chocolate programs. OLG commission approx. $60,000/year. Over the past 20 years, this store has sold 10+ major winning lottery tickets, including an incredible case where one customer won two Lotto 6/49 jackpots - $14 million and $114,000. It's truly a "Lucky Store" in the community!!! Long lease 5+5 years, with straight rent of $6,500/month (including TMI, water, and gas). Business hours: 7:30am-9:30pm.Significant growth potential - 1)extend business hours, 2)add VAPE products 3)add flowers, 4)continue to expand the newly added liquor sales (introduced in summer 2025, already increasing profits). 5)Surrounded by new high-rise developments bringing more future customers. This is a turn-key investment with a strong reputation, loyal clientele, and excellent cash flow - rare opportunity in a prime Bloor location!! (id:27476)

Property Highlights

MLS® Number
W12481425
Type
Retail
Community Name
Dovercourt-Wallace Emerson-Junction
Land Size
Unit=20 x 55 FT

Building

Square Footage
1100 sqft
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
Forced air
Heating Fuel
Natural gas
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Street Spotlight - For sale