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1194 Danforth Avenue, Toronto

$69,000

Status

For Sale

Price

$69,000

Category

Commercial

Size

1,500 SF

Neighbourhood

Danforth, Toronto

Address

1194 Danforth Avenue, Toronto, ON

About this listing

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 .

Listing courtesy of HOMELIFE LANDMARK 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.