97 Carlton Street, Toronto (Church-Yonge Corridor) - Business for Sale
97 Carlton Street, Toronto (Church-Yonge Corridor), Ontario, M5B1M1
This business in Toronto is for sale offering roughly 600 sq ft of space.
Description
Situated at the busy intersection of Jarvis and Carlton, this well-established convenience store presents an excellent opportunity for buyers seeking a profitable, turnkey business in the heart of downtown Toronto. Operating as a dedicated variety store for decades, the business has built a strong reputation and loyal customer base within the local community. The store has been recently renovated and upgraded with leasehold improvements to serve fast food due to high demand by customers, and has the potential to operate as a cloud kitchen as this business provides clientele with a well established kitchen fit with 3 sinks. Additional revenue streams include OLG/Lotto commissions and an on-site ATM. Passport photo and key-cutting services can be added as secondary revenue streams. The purchase price includes existing inventory, equipment, and leasehold improvements, allowing a new owner to seamlessly take over operations from day one. The sellers are unable to continue managing the business due to personal life reasons, creating a great opportunity for the next owner to step into well-performing and established operations. The seller will provide all supplier and financial details upon due diligence. Please do not go directly to the store. Sellers will provide financials during buyers due diligence. (id:66096)
Property Details
- MLS®
- C13515338
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- Commercial
- Interior Size
- 600 ft²
- Heating
- Radiant heat
- Cooling
- None
- Listed
- 127 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 127 days on market, against an average age of 62 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 (M5B)
This home lists at $45,000, about 0.8× the local median household income of $58,000.
Carrying it typically needs a household income of about $8,790 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
- Median household income
- $58,000
- Population
- 17,422
- Median age
- 31.4
- Owner / renter
- 28% / 72%
- Avg. household size
- 1.6
Source: Statistics Canada, 2021 Census (FSA M5B)
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$45,000
Toronto