1194 Danforth Avenue, Toronto, Ontario M4J 1M6

Listed for:
$79,000
0 beds
0 baths
Listed 23 days ago
1194 Danforth Avenue, Toronto, Ontario M4J 1M6

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About

Cross Streets: Danforth/Greenwood. ** Directions: Greenwood/Danforth. 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:27476)

Property Highlights

MLS® Number
E12726262
Type
Business
Community Name
Danforth
Parking Space Total
2

Building

Square Footage
1500 sqft
Amenities
Public Transit
Fireplace Present
No
Basement Type
Basement Features
Building Heating Type
No heat
Heating Fuel
Building Cooling Type
Fully air conditioned

Utilities

Water
Municipal water

Location

Learn more about this property
Listing provided by:
HOMELIFE LANDMARK REALTY INC.
MLS® number:
E12726262
Agent:
William Cai
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