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Home ON Greater Toronto Area Toronto York Fairbanks
2186 EGLINTON AVENUE W
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2186 EGLINTON AVENUE W $75,000
$75,000
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2186 EGLINTON AVENUE W
Toronto (Briar Hill-Belgravia), Ontario M6E2L1

MLS® Number: W9363503
1
Bathrooms
1000
Square Feet

Listing Description

This convenience store is located in a densely populated area of York. It is a mere 5-minute walk from a new subway station currently under construction. The store spans 1,000 square feet and generates approximately $6,000 in weekly sales. Cigarette sales account for roughly 70% of revenue, while groceries contribute approximately 30%. Annual lottery commission stands at $31,069. The monthly rent is $3,390, inclusive of TMI and HST. A new lease is available. The store's current operating hours are Monday to Saturday from 9 AM to 8 PM and Sunday from 9 AM to 6 PM (relatively short hours of operation). The current owner has operated the store for 15 years and is looking to retire. A new owner could expand the business by increasing operating hours and introducing new products and services, such as applying for a liquor license to sell alcohol or adding electronic cigarettes. There is significant potential for sales growth. **** EXTRAS **** All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence. (36818757)

Location Description

Eglinton Ave W & Caledonia Rd

Property Summary

Property Type
Business
Square Footage
1000 sqft
Community Name
Briar Hill-Belgravia
Land Size
17.16 x 72 FT
Annual Property Taxes
$1,000
Time on REALTOR.ca
53 days

Building

Bathrooms
Total
1
Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Other (Natural gas)
Utilities
Utility Sewer
Sanitary sewer
Water
Municipal water
Business
Business Name
Caledonia Smoke Shop
Business Type
Retail and Wholesale (Convenience store)

Measurements

Square Footage
1000 sqft

Land

Lot Features
Frontage
17 ft ,1 in
Land Depth
72 ft
Other Property Information
Zoning Description
CR2.5 Commercial Residential
Data provided by: Toronto Regional Real Estate Board 1400 Don Mills Road, Toronto, Ontario M3B 3N1
JENNY MIAO