3850 Sheppard Avenue East, Toronto | Image 1

3850 Sheppard Avenue East

Toronto, Tam O'Shanter-Sullivan

  • Commercial

$XXX,XXX
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

  • Taxes: 18351

  • MLS®#: E11944692

  • Days on Site: 3 Days

  • Added: Jan 26, 2025 (2 weeks ago)

  • Updated:

  • Last Checked: 2 hours ago

  • Listed By: AIMHOME REALTY INC.

Busy renovated convenience store with high lottery commission in Scarborough. Located at the entrance of a busy mall, this store gets a lot of attentions for new and old customers. Lottery commission $8,000 to $8,500 per month. Weekly sales $12-15k with 60% cigarettes. Cigarettes profit margin 13-15%. ATM $1,000 to $1,500 per month. Beer and Wine sales goes up. Total gross income currently per month over $20,000 with potential increase with beer and wine sales. Base Rent $2,759.83 monthly. Royalty fee $1,800 - $2,000 per month.

Property

  • Status: Sale

  • Type: Convenience/Variety

  • Property Type: Sale Of Business

  • Property Type: Without Property

  • Area: Toronto

  • Community: Tam O'Shanter-Sullivan

  • Availability Date: tba

Inside

  • Air Conditioning: Y

Building

  • Basement: N

  • Heat Type: Gas Forced Air Closd

  • Water Supply: Municipal

Parking

  • Garage Type: Plaza

Fees

  • Tax Year: 2024

  • Taxes: $18,351

  • Taxes Type: T.M.I.

Land

  • Cross Street: Sheppard Ave E/Kenne

  • Municipality District: Toronto E05

  • Zoning: Commercial

Commercial Specific

  • Number of Employees: 2

  • Retail Area: 900

  • Retail Area Metric: Sq Ft

  • Hours Open: 8:30am-

  • Area Influence: Public Transit

  • Days Open: 7

  • Franchise: Y

  • Tangible Property Included: Y

  • Lot Code: Unit

  • Financial Statement: N

  • LLBO: Y

JK-6

Lynngate Junior Public School

Elementary: Public
1.08 km
7-8

John Buchan Senior Public School

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JK-6

Inglewood Heights Junior Public School

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Pauline Johnson Junior Public School

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Holy Spirit Catholic School

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Tam O'Shanter Junior Public School

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0.44 km
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Parkview Alternative School

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1.54 km
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Stephen Leacock Collegiate Institute

Secondary: Public
0.73 km
9-12

Agincourt Collegiate Institute

Secondary: Public
1.19 km
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