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$224,900
Available - For Sale
Listing ID: W12435385
Very busy convenience store inside Albion Mall & can open outside of standard mall hours and on long weekends. Great location .... At a busy albion mall entrance (two entrances), good visibility and foot traffic. Gross Monthly Sales approx. $50,000-$55,000 . Lottery commission approx. $6,500 to $6,800 monthly and growing. Cigarette rebates about $500 to $600/month. Additional income streams (approx. $600 to $700) from Bitcoin, ATM, and PUDO (pick-up and drop-off) services. Rent: $6,931.51/month including TMI (Taxes, Maintenance, Insurance) & HST. Lotto commission covers rent + utilities. There's huge potential to add beer & wine sales, key cutting, money transfer service which could significantly raise revenues. As lottery commissions and other side incomes are growing, there may be further room to expand other revenue-streams or optimize operations.
Price $224,900
Taxes: $9.85
Tax Type: Annual
Occupancy by: Owner
Address: 1530 Albion Road , Toronto, M9V 1B4, Toronto
Postal Code: M9V 1B4
Province/State: Toronto
Directions/Cross Streets: Finch and Kipling
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Without Property
Use: Convenience/Variety
Building Percentage: F
Total Area: 979
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 9 am to
Employees #: 1
Seats: 0
Maintenance: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Last Name: *
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Interest Rate: %  
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Asking Price: $ Heating: $ /Year  
Interest Rate: % Condo Fee: $ /Year
Taxes:   $ /Year Other Debt: $ /Year  
Amortization:     Years GDS: %
    TDS: %
Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

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Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX PREMIER INC.

1530 Albion Road , Toronto, M9V 1B4, Toronto


 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W10
Neighbourhood: Mount Olive-Silverstone-Jamestown
Style:
Lot Size: x 50.00(Feet)
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Tax: $9.85
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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