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Christine Domina
Real Estate Smarts - Christine Domina
christine@realestatesmarts.ca +1(416) 873-4747$158,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Subdivision Vanier
MLS Listing ID E13071608
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
Excellent opportunity to acquire a neighborhood retail business located in a mature residential area with a stable customer base. The property features a mixed-use layout with a residential apartment on the upper level and a retail store on the main floor. Upper unit approximately 2,000 sq. ft with 4 bedrooms, kitchen and 3 washrooms, currently rented at $2,700/month. Main floor retail space approximately 1,500 sq. ft with rent of $3,500/month (including TMI & HST). Lease term remaining approximately 3.5 years with a 5-year renewal option. Business generates approximately $36,000 in monthly sales, plus additional income from lottery and ATM of approximately $850/month. Historically operated by staff. Seller advises prior net income of approximately $9,000/month; buyer to verify. Please note that certain regulated product sales are not currently in operation. Opportunity exists for a qualified buyer to re-establish product lines, subject to required approvals and licensing. Flexible use with option for owner occupancy or continued rental of the residential unit. Financial information provided by seller; buyer to verify.
Location
Province ON
County Durham
Area Durham
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 100.0
Lot Depth 70.9
Others
Security Features No
ParcelsYN No
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Listed by REAL ONE REALTY INC.
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