Sale Of Business for sale at 871 Dundas Street, Toronto, Ontario, M6J 1V6 - Trinity-Bellwoods - MLS: C12971922

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for sale
for lease
sold
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871 Dundas Street

Toronto, Ontario, M6J 1V6 - Trinity-Bellwoods

$50,000

Neighbourhood

Trinity-Bellwoods
Major Intersection

Dundas/Manning Corner

Listed Since: 24 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

18.5x75 (Feet)
Taxes

n/a
Type

Commercial

Property Description

Property description for 871 Dundas Street, Toronto

Rare opportunity to acquire a high-revenue, cash-flowing cannabis dispensary in a prime Midtown Toronto corner location as the Retiring Owner prepares to hand over this neighborhood gem. This 100% equity, turnkey sale includes the corporation, licenses, inventory, and premium renovations, featuring a 1,300 sq. ft. main floor and a 900 sq. ft. high-ceiling basement with massive expansion potential for a delivery hub. Boasting an impressive 37% gross margin, the business generates $30K-$35K in monthly cannabis sales plus accessory and data deal income, all while benefiting from extra low rent ($4,500 + TMI) and two dedicated parking spots. The outgoing owner is committed to a seamless transition and will provide full training and operational support, making this an ideal entry for an independent operator looking to bypass the startup phase in one of Toronto's most vibrant residential and commercial hubs. EXCELLENT OPPURTUNITY to start your own Business.

Listed by HOMELIFE/MIRACLE REALTY LTD

Property details

MLS #

C12971922
Sq. Ft

1300
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Boulevard
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 Hot Water
A/C

N
Water

Municipal
Water Supply

n/a
Sewers

San+Storm
Central Vac

n/a

MLS #

C12971922
Sq. Ft

1300
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

n/a
Drive

n/a
Garage

Boulevard
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 Hot Water
A/C

N
Water

Municipal
Water Supply

n/a
Sewers

San+Storm
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 871 Dundas Street, Toronto

This property has been sold 9 times 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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