haho.ca
$75,000
For sale

1747 Keele Street, Toronto (Keelesdale-Eglinton West) - Business for Sale

1747 Keele Street, Toronto (Keelesdale-Eglinton West), Ontario, M6M3W9

900 ft²Listed 9 days ago
Overview

This business in Toronto is for sale offering roughly 900 sq ft of space. It has been on the market 9 days, fresher than the Toronto average of 58 days.

Description

Great income-established from last 40 years variety/convenience store, surrounded by lots of residence houses, school and commercial units. Same owner from last 40 years and now going to retire. Willing to train and introduce to the established customers to buyer. Store selling lotto, cigarettes, patties, ice cream, coffee, clothing, videos, dollar discount items, computer use, print and email business, a t m and more can be added. Very low investment to be your own boss Rent is very low just $ 1400(including TMI and HST). New lease for 5+5 can be done as per seller. Lotto commission $900 month average +high margin sale daily $ 600 average without lotto. Beer sale increasing day by day, vape store can be added to increase daily counter, lots of other business can be added, no competition in neighborhood. Store hours from Monday to Saturday from 9 am to 7 pm. Sunday and public holiday remain closed. Lots of daily counter can be increase by extended hours. Inventory extra will be approx. $20,000. High volume traffic convenience store, very low rent just $1400 including TMI and HST. Great business for newcomers and family with years of established regular clients. Lots of opportunity to add new business and increase daily collection with vape store also. (id:66096)

Property Details

MLS®
W14115848
Property Type
Business
Business Type
Retail and Wholesale
Zoning
RM(f12;u2;d0.8*252)
Interior Size
900 ft²
Frontage
100 ft
Building Area
900 ft²
Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Listed
9 days ago

Services

Water
Municipal water
Sewer
Storm sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market
9d
Toronto (Keelesdale-Eglinton West) listings, avg age
58d
Price / ft²
$83
List price
$75K

Active: 9 days on market, against an average age of 58 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.

Haho

This business in Toronto (Keelesdale-Eglinton West) has been listed for 9 days, which is 49 days fresher than the city average of 58. Act while there is still low competition.

Listed by HOMELIFE/MIRACLE REALTY LTD · JAY BAROT

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M6M)

This home lists at $75,000, about 1.0× the local median household income of $71,500.

Carrying it typically needs a household income of about $14,650 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income
$71,500
Population
42,148
Median age
40
Owner / renter
46% / 54%
Avg. household size
2.6

Source: Statistics Canada, 2021 Census (FSA M6M)

$75,000· $83/ft²
For sale

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Financing

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$75,000

Toronto

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