2480 Gerrard ST E Active

Toronto E06,ON M1N 4C3

$ 200000

- Bed

- Bath

1800 SqFt


Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Square Footage 1,800 sqft

Price per Sqft $111

Subdivision Birchcliffe-Cliffside

MLS Listing ID E12421747

Tax Year 2025

Property Sub-Type Sale Of Business

Property Description

Business for Sale! Recently licensed to sell liquor with steadily increasing sales. This well-maintained and spotless store is located in a busy Plaza with McDonald, Tim Hortons and freshCo, featuring an extra-large retail space that offers flexibility to add additional businesses or services perfect for entrepreneurial growth. Current average weekly sales are approximately $13,000 (with about 40% from cigarettes), plus lottery commissions of $6,000/month And another $1,000 from ATM, Bitcoin, Cig. rebate and Cig. cartoon sale), Operating costs are low, averaging $1,000/month for utilities and other expenses. A brand-new 5+5 year lease is in place at $5.797.73/month net-net rent. The business currently operates limited hours (7 AM-10 PM), leaving room to extend hours and increase revenue. This is an excellent family-run opportunity, offering growth potential and a solid foundation. Current owner run this business for 28 Years and he only worked from 7Am-2:30Pm Monday to Friday.

Location

Province ON

County Toronto

Community Birchcliffe-Cliffside

Area Toronto

Interior

Cooling Yes

Others

ParcelsYN No

View More
Favorite Go Tour