ONTorontoToronto E031686 Danforth Avenue
1686 Danforth Avenue
Interior view
Interior view
6
For Sale45 days on Market

1686 Danforth Avenue

Toronto E03, ON, M4C 1H8

Community:Danforth

Asking Price

$249,000

Frontage

18 ft.

Lot Depth

110 ft.

Square Foot

1,100 ft.

Lot Area

Zoning

Commercial

1686 Danforth Avenue, Toronto E03, M4C 1H8

Property Description

Original Remarks

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.

PROPERTY HISTORY

1686 Danforth Avenue

PROPERTY DETAILS

OccupancyCommercial Retail
Possession TypeFor Sale
Heating TypeWater Radiators
WaterMunicipal
SewersSanitary
Retail Area1,100 ft
Ownership Type
Basement
Garage TypeNone
Elevator
CommunityDanforth
Hours Open
CategoryRetail
LLBO
Days Open
Business / BuildingUnit
Employees
Financial Statement
Franchise Seats
Drive Parking Spaces
Drive Parking Spaces

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Consult Type

Consult typically takes 30–45 minutes