$ 1.590.000

2186 Eglinton Avenue W, Toronto

  • Bathrooms: 5
  • Living area: 2000 square feet
  • Type: Commercial
  • Added: 43 days ago
  • Updated: 19 days ago
  • Last Checked: 13 hours ago
Amazing retail/residential property in a densely populated area of York. Its a short 5-minute walk to the newly under-construction subway station. The second floor, measuring approximately 1,000 square feet, consists of four separate bedrooms, a kitchen, and a bathroom, currently rented out for $2,850 per month. The first floor houses the convenience store, measuring approximately 1,000 square feet. The finished basement, measuring approximately 1,000 square feet, includes a kitchen and three separate bedrooms, each with its own bathroom, rented out for $2,100 per month. The convenience store generates approximately $6,000 in weekly sales. Cigarette sales account for roughly 70% of revenue, while groceries make up about 30%. Annual lottery commission stands at $31,069. The store's current operating hours are Monday to Saturday, 9 AM to 8 PM, and Sunday, 9 AM to 6 PM (relatively short hours). The current owner has operated the store for 15 years and is looking to retire. A new owner could increase sales by expanding operating hours and introducing new products and services, such as applying for a liquor license to sell alcohol or adding electronic cigarettes. There is significant potential for sales growth. The new owner can choose to operate the convenience store themselves or lease it out, with a potential monthly gross rent of $3,000. This is an exceptional investment opportunity with a high return on investment.

Property Details

  • Cooling: Fully air conditioned
  • Heating: Natural gas, Other
  • Structure Type: Residential Commercial Mix

Interior Features

  • Living Area: 2000

Exterior & Lot Features

  • Water Source: Municipal water
  • Parking Total: 1
  • Lot Size Dimensions: 17.16 x 72 FT

Location & Community

  • Directions: Eglinton Ave W & Caledonia Rd
  • Street Dir Suffix: West

Utilities & Systems

  • Sewer: Sanitary sewer

Tax & Legal Information

  • Tax Annual Amount: 7175.27
  • Zoning Description: CR2.5 Commercial Residential
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Nearby Places

Name
Type
Address
Distance
York Memorial Collegiate Institute
School
2690 Eglinton Ave W
1.3 km
Oakwood Collegiate Institute
School
991 St Clair Ave W
2.6 km
Bialik Hebrew Day School
School
2760 Bathurst St
3.3 km
Chaminade College School
School
490 Queens Dr
3.3 km
Yorkdale Shopping Centre
Shopping mall
3401 Dufferin St
3.7 km
Nelson A Boylen Collegiate Institute
School
155 Falstaff Ave
3.8 km
Weston Collegiate Institute
School
100 Pine St
4.0 km
Western Technical-Commercial School
School
125 Evelyn Crescent
4.1 km
The Bishop Strachan School
School
298 Lonsdale Rd
4.2 km
Bishop Marrocco/Thomas Merton Catholic Secondary School
School
1515 Bloor St W
4.2 km
Humber River Regional Hospital
Hospital
200 Church St
4.3 km
Hugh's Room
Night club
2261 Dundas St W
4.4 km
More Details?
  • JENNY MIAO
  • REAL ONE REALTY INC.
  • 905-281-2888