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    For Sale - 466 Dawes Road, Toronto, Ontario

    Est payment $720/mo
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    Views   4
    Time on Jump  57 day

    AI Summary *

    • Unique convenience store with a fully equipped commercial kitchen ready for use.
    • Sales of approximately $9,000 weekly with diverse revenue sources.
    • Located in a busy residential area with consistent foot traffic.
    • Attractive lease terms with low monthly rent for commercial space.
    • Includes a renovated two-bedroom apartment for potential rental income.




    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 Brokerage: HOMELIFE LANDMARK REALTY INC.

    * Data is provided courtesy of PROPTX. The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. The information is deemed reliable but is not guaranteed accurate by PROPTX.

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