REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 389,000
Est. payment /mo
Active
1064 Bloor ST W Toronto W02, ON M6H 1M6
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Retail
Listing Status Active
Purchase Type For Sale
Subdivision Dovercourt-Wallace Emerson-Junction
MLS Listing ID W12481425
Tax Year 2025
Property Sub-Type Commercial Retail
Property Description
Great opportunity to own a well-established and profitable convenience store! Same owner for 20 years, now retiring. Located on a high-traffic corner along the Bloor subway line, only 2 minutes from the subway station. Annual sales approx. $800K, with cigarettes account for 45% with the programs which bring the high margin (16%) + high rebates. Grocery accounts for 55%, (margin 40-45%). Stable and strong additional income from ATM, Bitcoin machine, outdoor advertising, and rebates from cigarettes & chocolate programs. OLG commission approx. $60,000/year. Over the past 20 years, this store has sold 10+ major winning lottery tickets, including an incredible case where one customer won two Lotto 6/49 jackpots - $14 million and $114,000. It's truly a "Lucky Store" in the community!!! Long lease 5+5 years, with straight rent of $6,500/month (including TMI, water, and gas). Business hours: 7:30am-9:30pm.Significant growth potential - 1)extend business hours, 2)add VAPE products 3)add flowers, 4)continue to expand the newly added liquor sales (introduced in summer 2025, already increasing profits). 5)Surrounded by new high-rise developments bringing more future customers. This is a turn-key investment with a strong reputation, loyal clientele, and excellent cash flow - rare opportunity in a prime Bloor location!!
Location
Province ON
County Toronto
Community Dovercourt-Wallace Emerson-Junction
Area Toronto
Interior
Cooling Yes
Exterior
Utilities Available Yes
Lot Frontage 20.0
Lot Depth 55.0
Others
Security Features Yes
ParcelsYN No
Listed by HOMELIFE LANDMARK REALTY INC.