6 - 510 King Street

Toronto C08, ON

1,113 sqft
Sale Of Business
217 days on market

$199,000

Prime Investment Opportunity in Corktown! Rare chance to acquire "Ranik Market," a well- established and highly successful convenience store situated at the high-traffic corner of King St E and River St. Located at the base of a dense residential hub and surrounded by multiple new condo developments, this business enjoys a massive, built-in loyal customer base and heavy consistent foot traffic. This is a fully turn-key operation with an experienced team of employees already in place, making it an easy transition for a new owner-operator or an investor. Boasting excellent lease terms and a proven track record in one of Toronto's fastest-growing neighborhoods. Store features a clean, modern layout with high visibility. Buyer to verify all measurements and lease details. Do not miss this gold-mine opportunity in a high-demand downtown location!

Listing Details

Taxes (2025): $12
Listed: January 30, 2026

Price History

Parking

Garage: None

Location & Legal

Cross Street: King St E & River St
Zoning: Commercial
Possession: Flexible
Occupancy: Owner

Commercial

Business Type: Convenience/Variety

Included

Inclusions: All chattels and equipment: 1. Open air cooler/merchandiser, 2. Two Door Fridge, 3. Three Door Fridge, 4. Two Door Freezer, 5. Shelves on the walls, 6. 65 Shelves on the wall - 48 X 28 inches, 7. 2 Shelves with wheels - 48*18.. Height 40 inches, 8. 2 basked shelves on wheels, 9. 3 big shelves at the back office/storage area, 10. 1 cupboard in back office/storage area, 11. Two big shelves at the front, 12. One big shelf at the front, 13. Cash Desk, 14. Chair, 15. Ladder, 16. Storefront signage, 17. Security system, sensors, monitor, 18. Center gondola shelf, 19. Open sign, Wine/Beer LED Sign, 20. Metal cabinet for smokes, 21. 9 Grocery shopping cart and trolley

Community

Postal area M5A

Population: 48,978
Private dwellings: 30,508
Median age: 36.4
Average household size: 1.8
Median household income: $71,000

Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.

Local market

Commercial in Toronto C08 · last 12 months

Median sold price: $592,500
Homes sold: 1,639
Median days on market: 28
Sale-to-list price: 97.4%

Based on 1,639 recorded sales of commercial properties in Toronto C08 over the last 12 months.

Listed by

CENTURY 21 ATRIA REALTY INC.

Walk Score

Walk Score is unavailable for this address right now.

Location

Street View

Commercial figures

Building area: 1,113 sq ft
Price per sq ft: $178.80
Annual property tax: $12
Tax per sq ft: $0.01

Derived from the listing's own figures. Taxes are as reported by the listing brokerage and may be a prior year.

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