Welcome to this remarkable [] sale of business located in the coveted neighborhood of Ionview. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $124,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Location Kennedy & Eglinton, which is in Scarborough, part of Toronto. That is a busy corridor with solid foot traffic, transit access, and dense residential areas-so the "high traffic" claim is plausible. Breaking down the income claims The listing mixes revenue and extra income streams, which can be misleading. Base sales: $16,000/week ? $64,000/month revenue. But revenue ? profit. Convenience stores often have: Cigarettes: ~5-10% margins. Lotto: commissions only. Snacks/drinks: higher margins (20-40%) A realistic blended net margin might be 10-20% before expenses. Additional income" (monthly approx.). Photocopy/print: $500. Key & fob: $600. Coffee/snacks: ATM: Total: ~$2,950/month. 1. Rent & lease terms, High-traffic corners = high rent. You need: Monthly rent, Lease length + renewal options, Any rent escalations. 2. Operating costs: Utilities (fridges/freezers run 24/7), Staff wages (if not fully family-run), Inventory shrinkage/theft, Insurance. 3. Hours & workload: Open longer hours to make more, You'll likely be working very long days unless you hire staff (which cuts profit). Alcohol license.
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This could be the first listing for this address.
Data-driven valuation for 2404 Eglinton Avenue E 5, Toronto E04, ON M1K 2P3
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
No schools found within 3 km of this property.
No current listings found in Toronto E04.
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