




1/6550 SHEPPARD AVENUE W, Toronto (Bathurst Manor), ON M3H2R9
$260,000 total
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Asset Class
Retail
Size
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Building class
C
Zoning
CSC — Shopping Centre
$ / SF
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Occupancy
93%
Excellent opportunity to acquire a well-established convenience store in Toronto. The current owner has successfully operated the business and is now planning to retire, creating a great chance for a new operator to take over and grow the business. Low rent of only $3,000/month + hst. A new 3+5 year lease is available for the buyer, providing long-term security and stability.There is significant room for growth.Generous backroom storage and additional basement space make it easy to carry deeper inventory or introduce new product lines without disrupting the sales floor. Whether you're an experienced operator adding to your portfolio or a first-time buyer ready to be your own boss, everything is already in place the location, the customers, the systems, and the lease. Sale of business only; property not included. (id:66811)
Adjust the deal assumptions — returns recalculate instantly.
Monthly debt service
$1K
Projected NOI
$17K
Annual cash flow
$3K
Cash-on-cash
3.87%
DSCR
1.21
Going-in cap
6.70%
Figures are modelled from the listed price and asset class for illustration only. Verify all income, expenses, and financing terms independently before making an offer.
Trade area within 3 miles of the property.
Population
68,002
Households
30,491
Median income
$79,500
Median age
43.3
Daytime population
89,087
5-yr growth
6.9%
Modelled estimates for illustration until a licensed census data provider is connected.
Confidential diligence documents for 550 SHEPPARD AVENUE W, Toronto (Bathurst Manor).
Offering Memorandum
PDF · 4.2 MB
Rent Roll & T-12
XLSX · 820 KB
Environmental Phase I
PDF · 6.7 MB
Site Survey & Plans
PDF · 11.4 MB
Zoning Confirmation Letter
PDF · 310 KB
Preview experience — the electronic NDA is illustrative and is not a binding agreement.