Sale Of Business for sale at R10-120 Adelaide Street, Toronto, Ontario, M5H 1T1 - Bay Street Corridor - MLS: C12847714

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R10-120 Adelaide Street

Toronto, Ontario, M5H 1T1 - Bay Street Corridor

$59,000

Neighbourhood

Bay Street Corridor
Major Intersection

Adelaide/Bay

Listed Since: 56 day(s)
Last update: today

Overview

Property Type

Sale Of Business, Without Property
Bedrooms

n/a
Bathrooms

n/a
Basement

N
Kitchen

n/a
Total Parking

n/a
Lot Size

Available Upon Request
Taxes

n/a
Type

Commercial

Property Description

Property description for R10-120 Adelaide Street, Toronto

Top brand Gateway convenience store franchise located in the coveted underground Richmond Adelaide PATH connected to all major office towers. Prime targeted market with short executive office hours working only 5 days/week. Store sells chocolates, cigarettes, candies, souvenirs, gifts, snacks, cold drinks, cell phone accessories, etc. Extra income from the lotto terminal. Strong sales with return to work has increased the foot traffic. Lots of tourist customers coming from the nearby hotels. Lots of potential to grow the sales with the option to add alcohol. Sales $22,000/month. Lotto commission $2,500/month. Rent $1,500 (rent relief approved annually); Lotto machine pays rent and expenses! Lease till May 2027.

Listed by HOMELIFE/BAYVIEW REALTY INC.

Property details

MLS #

C12847714
Sq. Ft

500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Street
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

None
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

C12847714
Sq. Ft

500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Street
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Gas Forced Air Open
A/C

Y
Water

None
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for R10-120 Adelaide Street, Toronto

This property has been sold 1 time before. Create your free account to explore sold prices, detailed property history, and more insider data.

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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