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    For Sale - 466 Dawes Road, Toronto, Ontario

    Est payment $720/mo
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    Views   3
    Time on Jump  6 day




    Rare opportunity to acquire a one-of-a-kind convenience store with a fully equipped commercial restaurant kitchen in a prime toronto location. The current owner operates only the convenience store due to staffing shortages, leaving tremendous upside for a new owner to activate the restaurant operation and significantly increase revenue. The business generates approximately $9,000 in weekly sales:cigarettes account for only approximately 15% of sales, coffee and fresh patties contribute approximately 25% of sales and continue to attract loyal repeat customers. Atm commission exceeds $1,000 per month. Olg lottery commission is approximately $1,600 per month, providing stable additional income. Located in a densely populated residential neighbourhood surrounded by numerous apartment and condominium buildings, the store benefits from consistent foot traffic and a large local customer base. The existing fully equipped restaurant offers exceptional potential for an owner-operator or family business. Introducing hot food, takeout, catering, or delivery services could dramatically increase sales and profitability. The lease is exceptionally attractive, with rent of only $2,209 per month (all inclusive) for the main-floor commercial premises. In addition, the property includes a newly renovated two-bedroom apartment on the second floor for only $1,270 per month, ideal for owner occupancy or rental income. The current lease runs until april 30, 2029, with an additional five-year renewal option, providing long-term security for the new owner.
    Listing IDE13631972
    Address466 Dawes Road
    CityToronto, Ontario
    Price$149,900
    StyleSale Of Business
    TypeBusiness
    StatusFor Sale

    Subtype Sale Of BusinessBasement 1Heating / Cooling Gas Forced Air Open

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    Listing Agency:  HOMELIFE LANDMARK REALTY INC.

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    466 Dawes Road
    Toronto , Ontario
    $149,900
    Get more info