466 Dawes Road, Toronto, ON M4B 2E9
Toronto E03, ON, M4B 2E9 · O'Connor-Parkview
About this property
Rare opportunity to acquire a one-of-a-kind convenience store with a fully equipped commercial restaurant kitchen in a prime Toronto location. The current owner operates only the convenience store due to staffing shortages, leaving tremendous upside for a new owner to activate the restaurant operation and significantly increase revenue.The business generates approximately $9,000 in weekly sales:Cigarettes account for only approximately 15% of sales, Coffee and fresh patties contribute approximately 25% of sales and continue to attract loyal repeat customers.ATM commission exceeds $1,000 per month.OLG Lottery commission is approximately $1,600 per month, providing stable additional income.Located in a densely populated residential neighbourhood surrounded by numerous apartment and condominium buildings, the store benefits from consistent foot traffic and a large local customer base. The existing fully equipped restaurant offers exceptional potential for an owner-operator or family business. Introducing hot food, takeout, catering, or delivery services could dramatically increase sales and profitability.The lease is exceptionally attractive, with rent of only $2,209 per month (all inclusive) for the main-floor commercial premises. In addition, the property includes a newly renovated two-bedroom apartment on the second floor for only $1,270 per month, ideal for owner occupancy or rental income.The current lease runs until April 30, 2029, with an additional five-year renewal option, providing long-term security for the new owner.
Features & Amenities
- Garage: Outside/Surface
- Cooling: Yes
- Heat Type: Gas Forced Air Open
Property Details
| Property Type | Commercial |
|---|---|
| Property Sub-Type | Sale Of Business |
| Garage | Outside/Surface |
| Heat Type | Gas Forced Air Open |
| Cooling | Yes |
| Tax Year | 2026 |
Building & Construction
- Building Area Total
- 1200
Heating & Cooling
- Heat Type
- Gas Forced Air Open
- Cooling
- Yes
- Cooling
- Yes
- Heating
- Yes
Parking & Garage
- Garage Type
- Outside/Surface
Lot & Land
- Lot Size Units
- Feet
- Lot Depth
- 0.00
- Lot Width
- 0.00
Financial & Tax
- Tax Year
- 2026
- Possession Type
- Flexible
Utilities & Services
- Electric on Property
- Yes
- Utilities
- Yes
Room Details
- Rooms Total
- 0
Additional Details
- Occupant Type
- Tenant
- County Or Parish
- Toronto
- Cross Street
- St Clair/Victoria Pk
- Directions
- St Clair/Victoria Pk
- Showing Requirements
- Go Direct
Location
466 Dawes Road, Toronto, ON M4B 2E9, Toronto E03, ON, M4B 2E9