830 Wilson Avenue, Toronto (Downsview-Roding-CFB) - Business for Sale
830 Wilson Avenue, Toronto (Downsview-Roding-CFB), Ontario, M3K1E5
Description
Excellent opportunity to acquire a well-established convenience store in Toronto. The current owner has successfully operated the business for 12 years and is now planning to retire, creating a great chance for a new operator to take over and grow the business.Over the past year, ongoing road construction in the area has temporarily impacted customer traffic and sales. The store is currently generating approximately $15,000 in monthly sales, with cigarettes accounting for about 40% of revenue. In addition, the business earns steady lottery commission of approximately $3,000 per month, along with extra income from ATM, Bitcoin machine, and POS services, providing multiple revenue streams. Low rent of only $3,187/month, currently on a month-to-month basis, offers flexibility. A new 5-year lease is available for the buyer, providing long-term security and stability.There is significant room for growth. By expanding product offerings, adding new services, and extending operating hours, a new owner can substantially increase sales and profitability.Ideal for an owner-operator or family business. Don't miss this opportunity to own a stable business with strong potential for future growth in a prime Toronto location. (id:66096)
Property Details
- MLS®
- W13231808
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Cr
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 155 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 155 days on market, against an average age of 61 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 (Downsview-Roding-CFB) 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 (M3K)
This home lists at $40,000, about 0.5× the local median household income of $88,000.
Carrying it typically needs a household income of about $7,813 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $88,000
- Population
- 7,865
- Median age
- 38.8
- Owner / renter
- 59% / 41%
- Avg. household size
- 2.7
Source: Statistics Canada, 2021 Census (FSA M3K)
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$40,000
Toronto