
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
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