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$224,900
Available - For Sale
Listing ID: W12435385
1530 Albion Road , Toronto, M9V 1B4, Toronto


Very busy convenience store inside Albion Mall & can open outside of standard mall hours and on long weekends. Great location .... At a busy albion mall entrance (two entrances), good visibility and foot traffic. Gross Monthly Sales approx. $50,000-$55,000 . Lottery commission approx. $6,500 to $6,800 monthly and growing. Cigarette rebates about $500 to $600/month. Additional income streams (approx. $600 to $700) from Bitcoin, ATM, and PUDO (pick-up and drop-off) services. Rent: $6,931.51/month including TMI (Taxes, Maintenance, Insurance) & HST. Lotto commission covers rent + utilities. There's huge potential to add beer & wine sales, key cutting, money transfer service which could significantly raise revenues. As lottery commissions and other side incomes are growing, there may be further room to expand other revenue-streams or optimize operations.
Price $224,900
Taxes: $9.85
Tax Type: Annual
Occupancy: Owner
Address: 1530 Albion Road , Toronto, M9V 1B4, Toronto
Postal Code: M9V 1B4
Province/State: Toronto
Directions/Cross Streets: Finch and Kipling
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Category: Without Property
Use: Convenience/Variety
Building Percentage: F
Total Area: 979.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: F
Chattels: T
Franchise: F
Days Open: O
Hours Open: 9 am to
Employees #: 1
Seats: 0
Washrooms: 0
Heat Type: Electric Forced Air
Central Air Conditioning: Yes
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
RE/MAX PREMIER INC.
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto W10
Neighbourhood: Mount Olive-Silverstone-Jamestown
Style:
Lot Size: x 50.00(Feet)
Approximate Age:
Tax: $9.85
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
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