5 - 2404 Eglinton Avenue E Toronto, Ontario M1K 2P3

$124,900

Location Kennedy & Eglinton, which is in Scarborough, part of Toronto. That is a busy corridor with solid foot traffic, transit access, and dense residential areas-so the "high traffic" claim is plausible. Breaking down the income claims The listing mixes revenue and extra income streams, which can be misleading. Base sales: $16,000/week ? $64,000/month revenue. But revenue ? profit. Convenience stores often have: Cigarettes: ~5-10% margins. Lotto: commissions only. Snacks/drinks: higher margins (20-40%) A realistic blended net margin might be 10-20% before expenses. Additional income" (monthly approx.). Photocopy/print: $500. Key & fob: $600. Coffee/snacks: ATM: Total: ~$2,950/month. 1. Rent & lease terms, High-traffic corners = high rent. You need: Monthly rent, Lease length + renewal options, Any rent escalations. 2. Operating costs: Utilities (fridges/freezers run 24/7), Staff wages (if not fully family-run), Inventory shrinkage/theft, Insurance. 3. Hours & workload: Open longer hours to make more, You'll likely be working very long days unless you hire staff (which cuts profit). Alcohol license. (id:61215)

Business

Business Type	Retail and Wholesale
Business Sub Type	Convenience store

Property Details

MLS® Number	E13071134
Property Type	Business
Community Name	Ionview
Amenities Near By	Public Transit

Building

Age	31 To 50 Years
Appliances	Freezer
Cooling Type	Fully Air Conditioned
Heating Fuel	Natural Gas
Heating Type	Forced Air
Size Interior	1,400 Ft2
Utility Water	Municipal Water

Land

Acreage	No
Land Amenities	Public Transit
Zoning Description	Commercial

https://www.realtor.ca/real-estate/29687524/5-2404-eglinton-avenue-e-toronto-ionview-ionview