114 Queen Street, Toronto (Church-Yonge Corridor) - Business for Sale
114 Queen Street, Toronto (Church-Yonge Corridor), Ontario, M5C1S6
This business in Toronto is for sale offering roughly 900 sq ft of space.
Description
Excellent opportunity to own an established Vape & Convenience Store in the highly desirable Queen & Jarvis area. Approximately 900 sq. ft. with an attractive lease rate of $3,500/month + applicable taxes and lease secured until October 2030, plus a 5-year renewal option. The convenience store generates approximately $65000+ per month in sales, with cigarettes representing approximately 20% of the business. Lottery terminal was just introduced which adding extra income. Convenient operating hours from 8 AM to 12 AM. Great opportunity for an entrepreneur looking to take over an established operation in a busy and well-connected location. (id:66096)
Property Details
- MLS®
- C13673306
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- CR
- Interior Size
- 900 ft²
- Lot Size
- 21 × 100 ft (2,065 sq ft)
- Frontage
- 21 ft
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Property Tax
- $800/yr
- Listed
- 83 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 83 days on market, against an average age of 63 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This business in Toronto (Church-Yonge Corridor) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Location
Approximate location — exact address confirmed upon showing
Nearby Places
Neighbourhood profile (M5C)
This home lists at $259,000, about 2.9× the local median household income of $89,000.
Carrying it typically needs a household income of about $50,592 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $89,000
- Population
- 3,149
- Median age
- 36.4
- Owner / renter
- 47% / 53%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5C)
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$259,000
Toronto