#20 2203 Kingston Road, Toronto (Birchcliffe-Cliffside) - Business for Sale
#20 2203 Kingston Road, Toronto (Birchcliffe-Cliffside), Ontario, M1N1T7
Description
LOW RENT AND MULTIPLE USES PERMITTED .Excellent opportunity to own a well-established convenience store in a high-demand location. Situated beneath a condominium building and surrounded by rental apartments, the business benefits from consistent foot traffic and a loyal customer base. Conveniently located beside a pharmacy, hair salon, coffee shop, and other neighbourhood amenities, providing excellent daily exposure. Strong liquor sales contribute to the store's profitability. Additional revenue streams include Bitcoin ATM rental income, Purolator PUDO commission, and the store is enrolled with SkipTheDishes, providing added convenience and growth potential. Low rent with flexible and negotiable lease terms offers excellent long-term value and stability. Multiple uses permitted, creating opportunities for expansion or business diversification, including the potential to add a vape business. (id:66096)
Property Details
- MLS®
- E13544632
- Property Type
- Business
- Business Type
- Retail and Wholesale
- Zoning
- CR-UT
- Heating
- Forced air
- Cooling
- Fully air conditioned
- Garage
- Underground
- Property Tax
- $7,600/yr
- Listed
- 118 days ago
Services
- Water
- Municipal water
Features and services as supplied by the listing brokerage.
Market Timing
Long Listed: 118 days on market, against an average age of 47 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 (Birchcliffe-Cliffside) 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 (M1N)
This home lists at $39,999, about 0.4× the local median household income of $90,000.
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
- $90,000
- Population
- 22,976
- Median age
- 44.8
- Owner / renter
- 65% / 35%
- Avg. household size
- 2.4
Source: Statistics Canada, 2021 Census (FSA M1N)
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$39,999
Toronto