Deepak Sharma
Broker
Remax Royal Properties Realty Brokerage, Brokerage
Independently owned and operated.
7595 Markham Rd #19 , Markham, Ontario L3S0B6
Cell: 647-229-0670Office: 905-554-0101
$1,590,000
Available - For Sale
Listing ID: W9363554
2186 Eglinton Ave West , Toronto, M6E 2L1, Ontario
| Amazing retail/residential property in a densely populated area of York. Its a short 5-minute walk to the newly under-construction subway station. The second floor, measuring approximately 1,000 square feet, consists of four separate bedrooms, a kitchen, and a bathroom, currently rented out for $2,850 per month. The first floor houses the convenience store, measuring approximately 1,000 square feet. The finished basement, measuring approximately 1,000 square feet, includes a kitchen and three separate bedrooms, each with its own bathroom, rented out for $2,100 per month. The convenience store generates approximately $6,000 in weekly sales. Cigarette sales account for roughly 70% of revenue, while groceries make up about 30%. Annual lottery commission stands at $31,069. The store's current operating hours are Monday to Saturday, 9 AM to 8 PM, and Sunday, 9 AM to 6 PM (relatively short hours). The current owner has operated the store for 15 years and is looking to retire. A new owner could increase sales by expanding 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. The new owner can choose to operate the convenience store themselves or lease it out, with a potential monthly gross rent of $3,000. This is an exceptional investment opportunity with a high return on investment. |
| 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. |
| Price | $1,590,000 |
| Taxes: | $7175.27 |
| Tax Type: | Annual |
| Occupancy by: | Own+Ten |
| Address: | 2186 Eglinton Ave West , Toronto, M6E 2L1, Ontario |
| Postal Code: | M6E 2L1 |
| Province/State: | Ontario |
| Legal Description: | PT LT 266 PL 1855 TWP OF YORK AS IN TB37 |
| Lot Size: | 17.16 x 72.00 (Feet) |
| Directions/Cross Streets: | Eglinton Ave W & Caledonia Rd |
| Category: | Store With Apt/Office |
| Building Percentage: | N |
| Total Area: | 2000.00 |
| Total Area Code: | Sq Ft |
| Office/Appartment Area: | 1000 |
| Office/Appartment Area Code: | Sq Ft |
| Retail Area: | 1000 |
| Retail Area Code: | Sq Ft |
| Sprinklers: | N |
| Washrooms: | 5 |
| Outside Storage: | N |
| Heat Type: | Gas Forced Air Open |
| Central Air Conditioning: | Y |
| Sewers: | Sanitary |
| Water: | Municipal |
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| Although the information displayed is believed to be accurate, no warranties or representations are made of any kind. |
| REAL ONE REALTY INC. |
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Deepak Sharma
Broker
Dir:
647-229-0670
Bus:
905-554-0101
| Book Showing | Email a Friend |
Jump To:
At a Glance:
| Type: | Com - Store W/Apt/Office |
| Area: | Toronto |
| Municipality: | Toronto |
| Neighbourhood: | Briar Hill-Belgravia |
| Lot Size: | 17.16 x 72.00(Feet) |
| Tax: | $7,175.27 |
| Baths: | 5 |
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