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$124,900
Available - For Sale
Listing ID: E13071134
Location Kennedy & Eglinton, which is in Scarborough, part of Toronto. That is a busy corridor with solid foot traffic, transit access, and dense residential areas-so the "high traffic" claim is plausible. Breaking down the income claims The listing mixes revenue and extra income streams, which can be misleading. Base sales: $16,000/week ? $64,000/month revenue. But revenue ? profit. Convenience stores often have: Cigarettes: ~5-10% margins. Lotto: commissions only. Snacks/drinks: higher margins (20-40%) A realistic blended net margin might be 10-20% before expenses. Additional income" (monthly approx.). Photocopy/print: $500. Key & fob: $600. Coffee/snacks: ATM: Total: ~$2,950/month. 1. Rent & lease terms, High-traffic corners = high rent. You need: Monthly rent, Lease length + renewal options, Any rent escalations. 2. Operating costs: Utilities (fridges/freezers run 24/7), Staff wages (if not fully family-run), Inventory shrinkage/theft, Insurance. 3. Hours & workload: Open longer hours to make more, You'll likely be working very long days unless you hire staff (which cuts profit). Alcohol license.
Price $124,900
Taxes: $0
Tax Type: N/A
Occupancy by: Owner
Address: 2404 Eglinton Avenue East , Toronto, M1K 2P3, Toronto
Postal Code: M1K 2P3
Province/State: Toronto
Directions/Cross Streets: Kennedy Rd and Eglinton Ave. East
No. of Pieces Level
Washroom 1 0
Washroom 2 0
Washroom 3 0
Washroom 4 0
Washroom 5 0
Category: Without Property
Use: Convenience/Variety
Building Percentage: T
Total Area: 1,400
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Area Influences: Public Transit   Subways
Approximatly Age: 31-50
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: 9:00AM
Employees #: 2
Seats: 0
Maintenance: 0
Sprinklers: No
Outside Storage: F
Rail: N
Crane: F
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
Water: Water Sys
Water Supply Types: Water System
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RE/MAX COMMUNITY REALTY INC.

2404 Eglinton Avenue East , Toronto, M1K 2P3, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto E04
Neighbourhood: Ionview
Style:
Lot Size: x 0.00(Feet)
Approximate Age: 31-50
Tax: $0
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
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Personal Pic Maria Tompson Sales Representative Re/Max Example Inc, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Re/Max Example Inc, Brokerage
Independently owned and operated.
support@bestforagents.com

 

 

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