466 Dawes Road,Toronto E03, ON M4B 2E9
Toronto E03, ON M4B 2E9
Description
Rare opportunity to acquire a one-of-a-kind convenience store with a fully equipped commercial restaurant kitchen in a prime Toronto location. The current owner operates only the convenience store due to staffing shortages, leaving tremendous upside for a new owner to activate the restaurant operation and significantly increase revenue.The business generates approximately $9,000 in weekly sales:Cigarettes account for only approximately 15% of sales, Coffee and fresh patties contribute approximately 25% of sales and continue to attract loyal repeat customers.ATM commission exceeds $1,000 per month.OLG Lottery commission is approximately $1,600 per month, providing stable additional income.Located in a densely populated residential neighbourhood surrounded by numerous apartment and condominium buildings, the store benefits from consistent foot traffic and a large local customer base. The existing fully equipped restaurant offers exceptional potential for an owner-operator or family business. Introducing hot food, takeout, catering, or delivery services could dramatically increase sales and profitability.The lease is exceptionally attractive, with rent of only $2,209 per month (all inclusive) for the main-floor commercial premises. In addition, the property includes a newly renovated two-bedroom apartment on the second floor for only $1,270 per month, ideal for owner occupancy or rental income.The current lease runs until April 30, 2029, with an additional five-year renewal option, providing long-term security for the new owner.
Details
| MLS # | E13631972 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Sold Conditional |
| Year | 0 |
| Days On Site | 21 |
| Listing Provided By | HOMELIFE LANDMARK REALTY INC. | E13631972 063000 |
Features
| SQ Feet | 1,200 |
|---|---|
| Acreage | 0.03 |
Interior
| Heating Yes / No | Yes |
|---|---|
| Cooling Yes / No | Yes |
| Cooling | Yes |
| Rooms Total | 0 |
Exterior
| Security Features | Yes |
|---|
Utilities
| Utilities | Yes |
|---|
Taxes
| Tax Annual Amount | 0 |
|---|---|
| Tax Type | Annual |
| Tax Year | 2026 |
Area Information
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E03 |
| Postal Code | M4B 2E9 |
| Area | O'Connor Parkview |
| Listing VS Median (in M4B 2E9) | |
Price: $149,900 low | high Med: $649,900 sqft: 1,200 low | high Med: 1,000 $ / sqft: $125 low | high Med: $650 On site: 21 low | high Med: 27 | |
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Learn More About This Property
| Province | ON |
|---|---|
| County | Toronto |
| City | Toronto E03 |
| Postal Code | M4B 2E9 |
| Area | O'Connor Parkview |
| Listing VS Median (in M4B 2E9) | |
Price: $149,900 low | high Med: $649,900 sqft: 1,200 low | high Med: 1,000 $ / sqft: $125 low | high Med: $650 On site: 21 low | high Med: 27 | |
