250 Browns Line

Toronto, M8W3T5
For Sale
$63,000
250 Browns Line, Toronto
250 Browns Line
250 Browns Line
250 Browns Line
250 Browns Line
250 Browns Line
250 Browns Line
250 Browns Line
250 Browns Line
250 Browns Line
250 Browns Line
Without Property
CATEGORY
800 Sq Ft
TOTAL AREA
W8129894
MLSID
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Property Description
Located on Browns Line, main road connecting Hwy427 and lakeside in Etobicoke. Right between large mature residential and industrial areas. Has dense flow of people and occupies a favorable location. Has about 800 sq ft, an ATM, and a basement. Mainly engaged in groceries, lottery and tobacco. 300 sq ft of open space at front can add new garden business in summer. Space next to cashier allow for new vape business. 5 parking spaces on the side. Monthly rent is $2,100 + TMI ($700 - $800, includes water,), and lease expires in October 2025. Sign a new 5-year lease with landlord. Weekly sales are about $3,500, with groceries at 55% and tobacco at 45%. Lottery's monthly income is about $2,700, ATM's annual income is about $1,800, and Nevada's annual income is $1,500. The store owner operates it alone, with no additional staff. The owner took over the business in 2011 and has been running it for 13 years. There is still a lot of room for growth in the business!
Extras
All Existing Chattels. All Business Numbers Are As Per Seller, Listing Broker Has As Not Verified Accuracy, Buyers Are Welcome To Perform Due Diligence.
Property Details
Category
Without Property
Usage
Convenience/Variety
Zoning
Commercial & Residential
Total Area
800 Sq Ft
Lot Size
17' x 95'
Parking Spaces
5
Washrooms
1
Air Conditioning
Yes
Listing contracted with Real One Realty Inc.
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