02-31 Queen Street East, Toronto | Image 1

02-31 Queen Street East

Toronto, Church-Yonge Corridor

  • Commercial

$139,999
For Sale

Added 1 month ago

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  • Type: Sale Of Business

  • Property Type: Commercial

  • Business Type: Convenience/Variety

  • Zoning: Retail

  • Age: No Data

  • MLS®#: C9030643

  • Days on Site: 19 Days

  • Added: Jul 10, 2024 (1 month ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: HOMELIFE/MIRACLE REALTY LTD

PROFITABLE INS Convenience Store for Quick Sale! PRIME LOCATION in downtown Toronto opposite St. Michael's Hospital, TTC Stop at doorsteps, at a bustling intersection next to high-density residential and business areas. High foot traffic in a busy plaza, adjoining Tim Horton's, Starbucks, Subway, Pharmacies, Restaurants and other businesses. Modern store layout with an attractive design. This money-making business has consistently growing sales, multiple income streams, including tobacco sales with 18-20% margins and lotto commissions averaging $2300-$2500/month. Benefit from a low rent of $3791.96 + HST. Huge potential for new owners with legalized alcohol sales from Sept 1, upcoming Ontario Line station at DOORSTEPS. Increase profitability by extending store hours and operating all 7 days a week. Ideal opportunity for Buyers to maximize profits.

Extras

Inventory Is Extra. All Chattels And Equipment's Are Included In The Price, Neat And Clean Facility, Very Easy To Run, Very Profitable Business & Training Available To Qualified Buyer. Steady Clientele Base.

Property

  • Status: Sale

  • Type: Convenience/Variety

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Church-Yonge Corridor

  • Availability Date: TBD

Inside

  • Air Conditioning: Y

Utilities

  • Utilities: Available

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Freestanding: N

  • Water Supply: Municipal

Parking

  • Garage Type: Other

Fees

  • Tax Year: 2024

  • Tax Legal Description: Pcl 5-2 Sec A3A; Pt Lt 6 N/S Richmond St Pl 3A Tor

  • Taxes Type: Annual

Land

  • Cross Street: Queen & Victoria

  • Municipality District: Toronto C08

  • Zoning: Retail

Commercial Specific

  • Retail Area: 496

  • Retail Area Metric: Sq Ft

  • Sprinklers: Y

  • Total Area: 496

  • Total Area Metric: Sq Ft

  • Hours Open: 8aM - 8

  • Days Open: 6

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Seats: 2

  • Financial Statement: Y

  • LLBO: N

7-8

Collège français élémentaire

Elementary: Public
1.07 km
JK-6

Downtown Alternative School

Elementary: Public
0.79 km
JK-8

St Michael Catholic School

Elementary: Catholic
0.81 km
1-8

St Michael's Choir (Jr) School

Elementary: Catholic
0.30 km
JK-6

École élémentaire Gabrielle-Roy

Elementary: Public
0.62 km
JK-6

Church Street Junior Public School

Elementary: Public
1.23 km
9-12

Native Learning Centre

Secondary: Public
1.23 km
9-12

St Michael's Choir (Sr) School

Secondary: Catholic
0.29 km
9-12

Contact Alternative School

Secondary: Public
1.04 km
9-12

Collège français secondaire

Secondary: Public
1.11 km
9-12

Jarvis Collegiate Institute

Secondary: Public
1.46 km
9-12

St Joseph's College School

Secondary: Catholic
1.57 km
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