Sale Of Business for sale at 1686 Danforth Avenue, Toronto, Ontario, M4C 1H8 - Danforth - MLS: E13214416

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for lease
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1686 Danforth Avenue

Toronto, Ontario, M4C 1H8 - Danforth

$249,000

Neighbourhood

Danforth
Major Intersection

Danforth Ave & Coxwell Ave

Listed Since: 29 day(s)
Last update: today

Overview

Property Type

Sale Of Business, Without Property
Bedrooms

n/a
Bathrooms

n/a
Basement

Y
Kitchen

n/a
Total Parking

n/a
Lot Size

18x110 (Feet)
Taxes

n/a
Type

Commercial

Property Description

Property description for 1686 Danforth Avenue, Toronto

Great Opportunity! Well-established convenience store in a high-traffic area with a solid customer base. Current rent is $4,150/month + HST with a secure 5+5 year lease remaining. Additional stable income includes a Lotto commission of approx. $6,000/month plus ATM. Current owner is retiring, offering a turnkey operation with massive growth potential. The property features a spacious layout with excellent upside potential to expand inventory or add new product lines. The business boasts an exceptional revenue mix highly profitable product margins across all major categories, including cigarettes, beer, and general merchandise. Huge future potential to increase revenue further by adding value-added services such as Western Union, UPS access point, and Bitcoin Kiosk. Perfect for a family business or an ambitious entrepreneur.

Listed by CENTURY 21 NEW CONCEPT

Property details

MLS #

E13214416
Sq. Ft

1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

None
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

None
Water View

n/a
Laundry Level

n/a
Heat

Water Radiators
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

Sanitary
Central Vac

n/a

MLS #

E13214416
Sq. Ft

1100
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

None
Total Parking

n/a
Family Room

n/a
Den

n/a
Exterior

n/a
Fireplace

n/a
Roof

n/a
Foundation

n/a
Elevator

None
Water View

n/a
Laundry Level

n/a
Heat

Water Radiators
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

Sanitary
Central Vac

n/a

Contact Manoj Kukreja

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

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Closing Cost Calculator

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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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