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132-134 Simcoe Street
Waterfront Communities C1 Toronto M5H 3G4

$159,900 /For Sale
Commercial

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Status:
Active
Prop. Type:
Commercial
MLS® Num:
C12118454
Bus Major:
Convenience/Variety
Rare Found Opportunity To Own This Well-Established & High Marginal Convenience Store with a Shop in Shop Sushi and Laundry Business. Running Business for Almost 20 years, Under the Current Management 13 Years. Owners Now Retiring. Located In a Very Busy Glitzy Toronto Downtown Core Area. Geographically, This Neighborhood Is Totally Packed With A Huge Population, Tourists And Traffic. Corner Unit of the Ground Level of Well-Maintained University Plaza Condos. Solid Customer Base from Surrounding Hi-Rise Condominiums and Office Buildings. Right Next to Famous Luxury Shangri-La Toronto Hotel. 3 Minutes to Osgoode Subway Station. Average Gross Sales: $50,000/Mth. Cigarette 30%. Varieties & Hardware 40%. Beer & Wine 30%. Lotto Commission: $1,200/Mth. Laundry and Sushi Sales: $18,000/Mth. One of the Biggest Beer and Wine Selections and Sales among the Convenience Stores in Toronto Downtown Core. Lease: 5 Years. Rent: $8,640/Mth (TMI, HST Extra). Sales and Profits are Growing Day By Day after Beer and Wine Sales. Recurring and Frequent Visits from Shop in Shop Sushi and Laundry Customers. Huge Space (1,920 Sq ft), Currently Shared With Sushi and Laundry, But Can Convert To Other Business Portfolios Or Just Sub-Lease The Space To Other Small Businesses with the Consent of the Landlord. Lots of Potentials with a New Business Owner. No Franchise Fee or Royalty. Inventory is Extra. Please Do Not Visit The Premises Directly.
Property Type:
Commercial
Property Sub Type:
Sale Of Business
Retail Area:
1920 sq. ft. Sq Ft
Depth:
46'
Frontage:
42'
Bathrooms:
1.0
Water supply:
Municipal
Zoning:
Commercial/Retail
Heating type:
Gas Forced Air Open
Garage:
None
Possession Details:
TBD
HST Applicable To Sale Price:
In Addition To
Type Taxes:
Annual
Taxes:
$2,646.4 / 2024
Assessment:
$- / -
Toronto C01
Waterfront Communities C1
Toronto
Inventory is Extra
Air Conditioning:
Yes
Seller Property Info Statement:
No
Financial Statements:
Yes
Business/Building Name:
JC Convenience
Major Business Type:
Convenience/Variety
Category:
Without Property
Franchise:
No
Days Open:
Open 7 Days
Hours Open:
8:00-11:00
Employees:
3
Chattels:
Yes
LLBO:
No
Seats:
3
Date Listed:
May 02, 2025
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Listed by HOMELIFE LANDMARK REALTY INC.
Data was last updated May 2, 2025 at 07:15 PM (UTC)
HomeLife Landmark Realty Inc.
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