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Home ON Greater Toronto Area Toronto Etobicoke Smithfield Mount Olive-Silverstone-Jamestown
37A - 1530 ALBION ROAD
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37A - 1530 ALBION ROAD $224,900
$224,900
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37A - 1530 ALBION ROAD
Toronto (Mount Olive-Silverstone-Jamestown), Ontario M9V1B4

MLS® Number: W12435385

Listing Description

Very busy convenience store inside Albion Mall & can open outside of standard mall hours and on long weekends. Great location .... At a busy albion mall entrance (two entrances), good visibility and foot traffic. Gross Monthly Sales approx. $50,000-$55,000 . Lottery commission approx. $6,500 to $6,800 monthly and growing. Cigarette rebates about $500 to $600/month. Additional income streams (approx. $600 to $700) from Bitcoin, ATM, and PUDO (pick-up and drop-off) services. Rent: $6,931.51/month including TMI (Taxes, Maintenance, Insurance) & HST. Lotto commission covers rent + utilities. There's huge potential to add beer & wine sales, key cutting, money transfer service which could significantly raise revenues. As lottery commissions and other side incomes are growing, there may be further room to expand other revenue-streams or optimize operations. (41366585)

Location Description

Cross Streets: Finch and Kipling. ** Directions: Off Albion Road.

Property Summary

Property Type
Business
Community Name
Mount Olive-Silverstone-Jamestown
Land Size
20 x 50 FT
Annual Property Taxes
$9.85
Time on REALTOR.ca
75 days

Building

Heating & Cooling
Cooling
Fully air conditioned
Heating Type
Forced air (Electric)
Utilities
Water
Municipal water
Business
Business Type
Retail and Wholesale (Convenience store)

Measurements

Square Footage
979 sqft

Land

Lot Features
Frontage
20 ft
Land Depth
50 ft
Other Property Information
Zoning Description
Commercial
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RE/MAX PREMIER INC.
Brokerage
416-743-2000
416-743-2031
AMANDEEP SINGH PHUL