156 The Queensway, Toronto | Image 1

156 The Queensway

Toronto, Stonegate-Queensway

  • Commercial

$279,880
For Sale

Added 2 weeks ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Convenience/Variety

  • Zoning: Commercial

  • Age: No Data

  • MLS®#: W8296586

  • Days on Site: 5 Days

  • Added: May 02, 2024 (2 weeks ago)

  • Updated:

  • Last Checked: 4 hours ago

  • Listed By: RE/MAX REAL ESTATE CENTRE INC.

Extremely Well Established, Thriving Convenience Store Located in a Busy Area. The current Owner has been operating this business since 1993 and now wants to retire. Surrounded by Numerous Condominium Buildings. Lease Till Dec 31st, 2027 + Ten (10) Years option to Renew. Rent $4800 (TMI included) High Margin, Annual Net Income is more or less $160,000. As per Vendor, the Annual Sales volume is around $900,000. Extra income from ATM, Bitcoin machine $400/m. Lotto commission $3500/m. Easy Turn Key operation. Any unauthorized visit is Totally Not Allowed.

Extras

Once in a Lifetime opportunity. All numbers to be verified by Buyer or Buyer's agent.

Property

  • Status: Sale

  • Type: Convenience/Variety

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Stonegate-Queensway

  • Availability Date: Immediate/TBA

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: None

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2024

  • Taxes Type: T.M.I.

Land

  • Cross Street: The Queensway/Park L

  • Municipality District: Toronto W07

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 3

  • Retail Area: 1300

  • Retail Area Metric: Sq Ft

  • Total Area: 1300

  • Total Area Metric: Sq Ft

  • Hours Open: 7Am-9Pm

  • Days Open: 7

  • Franchise: N

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Financial Statement: Y

  • LLBO: N

Map of 156 The Queensway, Toronto
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