Excellent opportunity to own a well-established convenience store in a high-traffic, prime downtown corner of South Cabbagetown. This business has been operating successfully for over 30 years, with strong local presence and steady foot traffic daily. Weekly Sales: Approx. $5,500. Lotto Commission: $2,000 Per month/ATM Income: $200 Per month/Annual Rebate: $3,100 Per year/Additional Seasonal Revenue: $150,000/year from Garden Centre. Monthly Rent: $3,100 + HST (TMI included)/ A New Lease can be arranged by the landlord. Located near a school and in an area with significant future development-more high-rise buildings are under construction across the street. Growth Potential: Extended business hours, Expanded product and service offerings. Don't miss this profitable, low-investment opportunity to become your own boss in a growing neighborhood!
Address
364 Gerrard Street E
List Price
$89,000
Property Type
Commercial
Type of Dwelling
Sale Of Business
Area
Toronto C08
Sub-Area
Cabbagetown-South St. James Town
County
Toronto
Bathrooms
1
Lot Size Source
GeoWarehouse
Lot Depth
99
Lot Shape
Rectangular
Lot Type
Building
Lot Size Units
Feet
Lot Width
19.33
Approx. Age
31 - 50 Years
MLS® Number
C12094360
Listing Brokerage
KW Living Realty
Postal Code
M5A 2G8
Tax Year
2025
Community Features
Public Transit
Heat Type
Radiant
Cooling Features
Partial
Garage Type
Outside/Surface
Security Features
No
Sewer
Sanitary+Storm