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Main Flr - 1572 Queen Street

Main Flr - 1572 Queen Street

Toronto E01, ON

  • Sale Of Business
  • 78 days on market
$75,000

Excellent opportunity to acquire a well-established convenience store operating in a high-traffic Queen & Coxwell location for over 35 years. This turnkey business generates strong sales, offering a solid profit margin with simple day-to-day operations that a single owner-operator can manage. Attractive lease terms with low occupancy costs of approximately $3,600/month, including rent and TMI, plus a long-term lease structure of 5 years with a 5-year renewal option. The current pending lease is approximately 2.5 years with a renewal option for an additional 5 years. Strategically positioned on a prominent corner lot with excellent exposure and a new move-in-ready condominium development directly across the street, creating significant future growth potential. The "History" music venue is a short walk away, offering huge potential to increase foot traffic. The business offers further upside through extended operating hours and expanded product offerings. The premises include a basement for additional storage and one dedicated parking space. Flexible layout allows for conversion to a variety of retail or service-oriented uses, making it suitable for investors, entrepreneurs, or owner-operators seeking a prime location with strong future prospects.

Listing Details

Listed
June 23, 2026

Price History

Parking

Garage
None

Location & Legal

Cross Street
QUEEN/COXWELL
Zoning
COMMERCIAL
Parcel Number
210390282
Possession
Flexible
Occupancy
Tenant

Commercial

Business Type
Convenience/Variety

Included

Inclusions
Refrigeration Units, Freezers, Shelving & Display Fixtures, POS System & Equipment, SecurityCamera System, Beverage/Slush Machines, Ice Cream Equipment, Signage, Other Equipment -coffee/water filter
Exclusions
Inventory extra
Rental Items
3 Pepsi fridges, 1 Ice cream chest freezer

Community

Postal area M4L

Population
32,218
Private dwellings
14,789
Median age
40.8
Average household size
2.3
Median household income
$101,000

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 E01 · last 12 months

Median sold price
$1,180,000
Homes sold
687
Median days on market
9
Sale-to-list price
106.2%

Based on 687 recorded sales of commercial properties in Toronto E01 over the last 12 months.

Listed by

KELLER WILLIAMS PORTFOLIO REALTY

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