$399,900 FOR SALE

Business for Sale

Convenience/Variety

Total Area: 948 ft2
2024 Taxes: $2,237.28

1530 Albion Rd #97A
Toronto, ON M9V 1B5 | Mount Olive-Silverstone-Jamestown

Exciting Opportunity: Own a Thriving Convenience Store in Albion Centre!Discover an exceptional chance to own a flourishing convenience store in the prestigious Albion Centre Shopping Mall. This nearly 1,000 sq. ft. unit enjoys a prime spot right next to the BMO bank and near No Frills, guaranteeing high foot traffic and unparalleled visibility.High Revenue: Impressive weekly sales close to $12,000, with a robust product mix: 70% from cigarettes and 30% from various other products.Lucrative Commissions: Enjoy an outstanding lotto commission exceeding $100,000 annually, plus additional monthly income close to $2,000.Flexible Lease Options: The buyer has the opportunity to negotiate extending the lease, securing excellent terms in a prime location. Current low rent is $3,750 per month. This is a rare investment opportunity in a highly profitable business situated in a bustling mall environment. Dont miss your chance to step into a successful enterprise with great revenue!

Extras
Family-Friendly Business: No working on holidays, allowing you to enjoy quality time with your family.This is a rare investment opportunity in a highly busy mall.

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Listed By EXP REALTY
Data Provided By Toronto Regional Real Estate Board
MLS® Listing Number W8367180
Last Updated Jul 19, 2024
Property Summary
Property Type Business For Sale

More like this:
Use Convenience/Variety
Franchise Non-Franchise
Category Without Property
Occupancy Owner
Possession Date TBD
Taxes (2024) $2,237.28
Tax Type T.M.I.
Directions/Cross Streets Finch/Kipling
Neighbourhood Mount Olive-Silverstone-Jamestown
Area Toronto
Price History
Interested in obtaining the full price history for this property?
Contact us!Contact us! Our real estate professionals would be happy to provide a complete listing history with historical sold prices and dates.

Detailed Information
Freestanding N
Retail Area 948 ft2
Total Area 948 ft2
Air Conditioning Y
Basement N
Chattels Y
Garage Type None
Days Open 7
Hours Open 10am-9p
LLBO N
Heat Type Gas Forced Air Open
Financial Statement Y
Sprinklers Y
Sewers San+Storm
Utilities Y
Water Municipal
Clear Height 15 feet
Truck Level Shipping Doors 1
Truck Level Shipping Doors Height 12 feet
Lot/Bldg/Unit Code Unit
Zoning Commercial
Seller Property Info Statement N

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