621 GERRARD STREET E, Toronto (South Riverdale)

$179,000

For sale: Other

Other at 621 GERRARD STREET E, Toronto (South Riverdale)
Property type
Commercial Retail
MLS®
MLS® E13522076
Neighbourhood
South Riverdale

Excellent opportunity to own a well-established and fully operational vape store in a high-demand Toronto location. Successfully operating for nearly two years with a stable and loyal customer base, this turn-key business is ideal for both experienced operators and first-time business owners looking to enter the growing vaping industry.The business is fully equipped with Clover POS system, custom glass display showcases, shelving, TV, fridge, microwave, interior and exterior signage, and all essential fixtures required for daily operations. Inventory is included in the purchase price (details to be confirmed through the Listing Brokerage).Outstanding security features provide peace of mind, including 8 surveillance cameras, professionally monitored alarm system, front metal security gate, rear metal security gate, and enhanced double-layer security.Efficient and functional layout includes a spacious retail area, private office, additional storage room, washroom, and basement storage, offering flexibility for future growth and day-to-day operations.Established supplier relationships, a professionally developed website with an existing online customer base, and proven operating systems allow the new owner to transition seamlessly. Seller is willing to provide comprehensive training to ensure a smooth and successful takeover, making this an excellent opportunity even for first-time business owners.Business hours are 11:00 AM - 8:00 PM (closed Tuesdays). Low monthly utility costs, two rear parking spaces, and an easy-to-manage operation make this a rare opportunity to acquire a stable, fully equipped, and profitable turn-key business with immediate operating potential.Don't miss this exceptional opportunity to own a well-established business with strong growth potential in one of Toronto's most vibrant communities.

Sold data

Other homes in Toronto (South Riverdale) — recent sold market

Other homes in Toronto (South Riverdale) took a median of 36 days to sell over the last 365 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 89, across 32 recorded sales.

The median sale price was $67,500.

Homes sold for about 8.2% below asking on average, so there was room to negotiate.

About 6% of sales closed above the list price.

Around 16% of sellers reduced their price before finding a buyer.

Median days to sell
36
Median sale price
$67,500
Sale-to-list ratio
91.8%
Sold above asking
6%

Based on 32 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 (South Riverdale)

Toronto (South Riverdale) 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 (South Riverdale)

  • Cottinghamelementary, TorontoFraser rating 10.0/10
  • High Park Alternativeelementary, TorontoFraser rating 10.0/10
  • Northmountelementary, TorontoFraser rating 10.0/10
  • Sathya Saielementary, TorontoFraser rating 10.0/10
  • St Michael's Choirsecondary, TorontoFraser rating 10.0/10
  • St Sebastianelementary, TorontoFraser rating 10.0/10

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

Currently for sale

Homes for sale near 621 GERRARD STREET E