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5 - 2404 Eglinton Avenue E, Toronto

$124,900

Status

For Sale

Price

$124,900

Category

Commercial

Size

1,400 SF

Neighbourhood

Ionview, Toronto

Address

5 - 2404 Eglinton Avenue E, Toronto, ON

About this listing

A 32 year established store at the same location. A convenience store surrounded byseveral residential buildings and steady foot traffic from a loyal, repeat customersbase from the library, medical centre, and other businesses in the same plaza strip,plus transit access, including Kennedy subway. Very high volume of alcohol saleswith no immediate competition around this store. Room to grow further throughextended hours, expanded food and beverage offerings, and added services likeparcel pickup, passport photograph etc. The lease has 2 years remaining, and a 5-years renewal options providing the new owner with immediate stability and long-term security. Rent for the main floor and basement $5,550.00. Basement also goodfor a second business such as textiles, phone stores and so on. The owner has twobusinesses and is having trouble handling both. The owner is willing to train andadvise as long as the buyer expects. The rent includes water, heating TMI and HSTwith one payment. Coffee, sandwiches, donuts, muffins and other snacks keep thestore busy in the morning. Monthly sales approximately $60,000.00, excludingBitcoin, ATM, fob making, phone top-ups and so on. Listed for quick sale, pricenegotiable.

Listing courtesy of RE/MAX COMMUNITY REALTY INC., distributed via CREA’s REALTOR.ca® Data Distribution Facility. Gitalis Real Estate is not the listing brokerage, we’re happy to represent you as your agent on this property.