5 - 2404 EGLINTON AVENUE E, Toronto (Ionview)

$124,900

For sale: Other

Other at 5 - 2404 EGLINTON AVENUE E, Toronto (Ionview)
Property type
Sale Of Business
MLS®
MLS® E13071134
Neighbourhood
Ionview

A 32 year established store at the same location. A convenience store surrounded byseveral residential buildings and steady foot traffic from a loyal, repeat customersbase from the library, medical centre, and other businesses in the same plaza strip,plus transit access, including Kennedy subway. Very high volume of alcohol saleswith no immediate competition around this store. Room to grow further throughextended hours, expanded food and beverage offerings, and added services likeparcel pickup, passport photograph etc. The lease has 2 years remaining, and a 5-years renewal options providing the new owner with immediate stability and long-term security. Rent for the main floor and basement $5,550.00. Basement also goodfor a second business such as textiles, phone stores and so on. The owner has twobusinesses and is having trouble handling both. The owner is willing to train andadvise as long as the buyer expects. The rent includes water, heating TMI and HSTwith one payment. Coffee, sandwiches, donuts, muffins and other snacks keep thestore busy in the morning. Monthly sales approximately $60,000.00, excludingBitcoin, ATM, fob making, phone top-ups and so on. Listed for quick sale, pricenegotiable.

Sold data

Other homes in Toronto (Ionview) — recent sold market

Other homes in Toronto (Ionview) took a median of 39 days to sell over the last 365 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 91, across 37 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 102 days.

The median sale price was $59,000.

Homes sold for about 9.1% below asking on average, so there was room to negotiate.

About 5% of sales closed above the list price.

Around 14% of sellers reduced their price before finding a buyer.

Median days to sell
39
Median sale price
$59,000
Sale-to-list ratio
90.9%
Sold above asking
5%

Based on 37 recorded sales in the last 1 year — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Ionview)

Toronto (Ionview) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Ionview)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 5 - 2404 EGLINTON AVENUE E