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Aneta Andrews

Broker
Re/Max Realty Enterprises Inc., Brokerage, Brokerage Independently owned and operated. 125 Lakeshore Road East, Mississauga, Ontario L5G 1E5 Office: 905-278-3500Fax: 1-888-407-8605Cell: 416-576-5339

$399,900
Available - For Sale
Listing ID: C13881630
510 King Street East , Toronto, M5A 1M1, Toronto


Prime turnkey investment in Corktown! Rare opportunity to acquire "Ranik Market," a thriving and highly profitable convenience store commandingly positioned at the high-traffic corner of King St E & River St. Positioned at the base of a dense residential corridor surrounded by multiple high-density condo developments, this business commands massive built-in foot traffic and an exceptionally loyal local following. Featuring a clean, modern layout with high-visibility street exposure, this fully turn-key operation is staffed by an experienced, dependable team for an effortless transition. Beyond core convenience, the store boasts diverse, high-margin revenue streams including top-tier cigarette and alcohol sales, balloon and custom gift hampers, on-site key cutting and fob copying, plus hot grab-and-go patties and warm foods. There is an imminent, game-changing upside opportunity set to significantly expand alcohol volume (contact listing agent today to learn more)! Secure, favorable lease terms already in place. Buyer to verify all measurements, zoning, and lease details. Do not miss this gold-mine opportunity in a high-demand downtown location!
Price $399,900
Taxes: $12.23
Tax Type: TMI
Occupancy: Owner
Address: 510 King Street East , Toronto, M5A 1M1, Toronto
Postal Code: M5A 1M1
Province/State: Toronto
Directions/Cross Streets: King St E x River St
Washroom Type No. of Pieces Level
Washroom Type 1 0
Washroom Type 2 0
Washroom Type 3 0
Washroom Type 4 0
Washroom Type 5 0
Washroom Type 6 0
Washroom Type 7 0
Washroom Type 8 0
Washroom Type 9 0
Washroom Type 10 0
Washroom Type 11 0
Washroom Type 12 0
Washroom Type 13 0
Washroom Type 14 0
Washroom Type 15 0
Washroom Type 16 0
Washroom Type 17 0
Washroom Type 18 0
Washroom Type 19 0
Washroom Type 20 0
Category: Without Property
Use: Convenience/Variety
Building Percentage: F
Total Area: 1113.00
Total Area Code:  Square Feet
Retail Area Code: Sq Ft
Financial Statement: T
Chattels: T
Franchise: F
Days Open: O
Hours Open: Mon-thu
Employees #: 3
Seats: 0
Sprinklers: Yes
Washrooms: 0
Truck Level Shipping Doors #: 1
Heat Type: Gas Forced Air Open
Central Air Conditioning: Yes
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Percent Down:
Down Payment $ $ $ $
First Mortgage $ $ $ $
CMHC/GE $ $ $ $
Total Financing $ $ $ $
Monthly P&I $ $ $ $
Expenses $ $ $ $
Total Payment $ $ $ $
Income Required $ $ $ $

This chart is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.

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This calculator is for demonstration purposes only. Always consult a professional financial advisor before making personal financial decisions.
Although the information displayed is believed to be accurate, no warranties or representations are made of any kind.
CENTURY 21 ATRIA REALTY INC.
Personal Picture
Aneta Andrews
Broker
Dir:
416-576-5339
Bus:
905-278-3500
Fax:
1-888-407-8605
 
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At a Glance:
Type: Com - Sale Of Business
Area: Toronto
Municipality: Toronto C08
Neighbourhood: Moss Park
Style:
Lot Size: x 0.00(Metres)
Approximate Age:
Tax: $12.23
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
Air Conditioning:
Pool:
Locatin Map:
Payment Calculator:
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