Sale Of Business sold at 165 King Street, Toronto, Ontario, M5A 1J4 - Moss Park - MLS: C12370479

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165 King Street

Toronto, Ontario, M5A 1J4 - Moss Park

$60,000

Neighbourhood

Moss Park
Major Intersection

King/Jarvis

Listed Since: 248 day(s)
Last update: 64 day(s) ago

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 165 King Street, Toronto

Excellent opportunity - INS Market located at George Brown college. Prime downtown location with steady clientele. Store sells cigarettes, cold drinks, accessories, milk, groceries, chocolates, candies, chips, etc. Option to sell alcohol too - LLBO license just obtained - lots of potential to grow the sales. Extra income from lotto machine. Sales $23,000/month and growing (tobacco only 10%). Lotto commission $800/month. Option to increase sales with steady hours, if owner operated, opening hours expanded, & if alcohol offered for sale. Current operation is only 4 days/week with short hours only 10am-6:30pm. Low flat fee royalty only $800/month plus 1% of lotto sales. Rent $7300/month includes TMI & HST. Lease 3 years + 5 + 5 Years options. Priced for a quick sale - seller motivated. Don't miss this amazing opportunity to be your own boss. Top brand name franchise business with training and support. Easy 1 person operation.

Listed by HOMELIFE/BAYVIEW REALTY INC.

Property details

MLS #

C12370479
Sq. Ft

1074
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 Closd
A/C

Y
Water

Municipal
Water Supply

n/a
Sewers

n/a
Central Vac

n/a

MLS #

C12370479
Sq. Ft

1074
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 Closd
A/C

Y
Water

Municipal
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

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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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