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
$ 124,900
Est. payment /mo
Active
2404 Eglinton AVE E #5 Toronto E04, ON M1K 2P3
UPDATED:
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Municipality Toronto E04
Subdivision Ionview
MLS Listing ID E13071134
Tax Year 2026
Property Sub-Type Sale Of Business
Property Description
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.
Location
Province ON
County Toronto
Community Toronto E04
Area Toronto
Zoning Commercial
Interior
Cooling Yes
Inclusions Chattels Included: Cash register / price scanner, Telephone system, 5-door walk-in cooler, Freezer, Store shelving and display units, ATM machine, Open/illuminated signage, Open/illuminated signage, Open/illuminated signage.
Exterior
Parking Features None
Community Features Public Transit, Subways
Utilities Available Available
Building
Building Age 31-50
Lot Description Unit
Lited by RE/MAX COMMUNITY REALTY INC.