2480 Gerrard Street E, Toronto, ON M1N 4C3
For Sale

2480 Gerrard Street E

Birchcliffe-Cliffside, Toronto

1,800 sqft

C$ 99,000

Property overview

A residence that redefines birchcliffe-cliffside living

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 4 years lease is in place at $5.971.67/month net-net rent Plus TMI($2109). 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.

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Financing

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C$
%

C$ 19,800

%
yrs

Estimated monthly payment

C$ 475

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Google reviews

4.9

124 reviews · Google

Marcus Heyns2 weeks ago

Pavel was extraordinary from first contact to transfer. He understood exactly what we were looking for and never once…

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Sophie Delacroix1 month ago

Calm, sharp and endlessly patient. He never once pushed us into a decision we were not ready for. Highly recommend.

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Emmanuel Osei2 months ago

Sold above asking in a soft market. Staging advice alone paid for itself several times over. Deeply professional.

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