988 St Clair Avenue West, Toronto (Oakwood Village) - Business for Sale
988 St Clair Avenue West, Toronto (Oakwood Village), Ontario, M6E1A2
This business in Toronto is for sale offering roughly 1,200 sq ft of space.
Description
Exceptional turnkey business opportunity in the heart of Oakwood Village! Well-established business operating as a Convenience Store, Vape Shop, Dry Cleaning Depot and Ice Cream Shop with multiple revenue streams, including strong lottery commissions. Easy-to-manage operation suitable for an owner-operator or investor. Prime corner location at St. Clair Ave. W. & Glenholme Ave. offering excellent visibility, high pedestrian and vehicle traffic, and a loyal customer base. Surrounded by residential neighbourhoods, schools, offices, banks and parks. Rent is $5,200/month including TMI. Bonus: a separate bedroom residential unit is currently rented for $1900/month, providing additional rental income. Approximately 4 years remain on the current lease, plus two renewal options of 4 years and 5 years. Business may be converted to other retail or service uses, subject to landlord approval. Excellent opportunity with significant potential to grow sales by expanding products and services. (id:66096)
Property Details
- MLS®
- C13581010
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- CR
- Interior Size
- 1,200 ft²
- Building Area
- 1,200 ft²
- Heating
- Forced air, Natural gas
- Cooling
- Fully air conditioned
- Listed
- 109 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 109 days on market, against an average age of 59 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 (Oakwood Village) 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 (M6E)
- Median household income
- $82,000
- Population
- 37,684
- Median age
- 40.8
- Owner / renter
- 55% / 45%
- Avg. household size
- 2.5
Source: Statistics Canada, 2021 Census (FSA M6E)
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$1
Toronto