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1194 Danforth Avenue

1194 Danforth Avenue

Toronto E03, ON

1,500 sqft • Sale Of Business • 212 days on market

$79,000

Excellent opportunity to acquire a well-established convenience store located at a major, high-traffic intersection in East York, Toronto. This store benefits from strong visibility, consistent walk-in traffic, and a solid customer base.The business currently generates approximately $7,000 in weekly sales, with additional stable income streams including lottery commission of about $800/month, ATM income of $300/month, Bitcoin machine income of $270/month, photo services bringing in $500/month, and key cutting services generating $300/month.Current rent is $3,700 per month, including HST, water, and TMI, offering excellent value for such a prime location. A new 5 + 5 year lease is available for the new owner, providing long-term stability.This business offers significant growth potential, particularly by adding beer and wine sales (subject to approvals). It is also versatile and may be converted to another type of business, making it ideal for owner-operators .

Listing Details

Listed
January 23, 2026

Price History

Location & Legal

Cross Street
Danforth/Greenwood
Zoning
Commercial/Retail
Possession
30-59 days

Commercial

Business Type
Convenience/Variety
Occupancy
Owner+Tenant
Office / Apartment Area
300 Sq Ft

Included

Exclusions
Inventory
Rental Items
none

Community

Postal area M4J

Population
35,128
Private dwellings
15,338
Median age
42
Average household size
2.4
Median household income
$93,000

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 E03 · last 12 months

Median sold price
$1,100,000
Homes sold
726
Median days on market
13
Sale-to-list price
103.1%

Based on 726 recorded sales of commercial properties in Toronto E03 over the last 12 months.

Listed by

HOMELIFE LANDMARK REALTY INC.

Location

Commercial figures

Building area
1,500 sq ft
Price per sq ft
$52.67

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

R

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