97 CARLTON STREET, Toronto (Church-Yonge Corridor)

$45,000

For sale: Other

Other at 97 CARLTON STREET, Toronto (Church-Yonge Corridor)
Property type
Sale Of Business
MLS®
MLS® C13515338
Neighbourhood
Church-Yonge Corridor

Situated at the busy intersection of Jarvis and Carlton, this well-established convenience store presents an excellent opportunity for buyers seeking a profitable, turnkey business in the heart of downtown Toronto. Operating as a dedicated variety store for decades, the business has built a strong reputation and loyal customer base within the local community. The store has been recently renovated and upgraded with leasehold improvements to serve fast food due to high demand by customers, and has the potential to operate as a cloud kitchen as this business provides clientele with a well established kitchen fit with 3 sinks. Additional revenue streams include OLG/Lotto commissions and an on-site ATM. Passport photo and key-cutting services can be added as secondary revenue streams. The purchase price includes existing inventory, equipment, and leasehold improvements, allowing a new owner to seamlessly take over operations from day one. The sellers are unable to continue managing the business due to personal life reasons, creating a great opportunity for the next owner to step into well-performing and established operations. The seller will provide all supplier and financial details upon due diligence. Please do not go directly to the store. Sellers will provide financials during buyers due diligence.

Sold data

Homes in Church Yonge Corridor — recent sold market

Homes in Church Yonge Corridor took a median of 28 days to sell over the last 90 days, with the quickest quarter selling within 15 days and the slowest quarter taking more than 51, across 150 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 54 days.

The median sale price was $594,450.

Homes sold for about 3.1% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

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

Median days to sell
28
Median sale price
$594,450
Sale-to-list ratio
96.9%
Sold above asking
16%

Based on 150 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Church-Yonge Corridor)

Toronto (Church-Yonge Corridor) 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 (Church-Yonge Corridor)

  • 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 97 CARLTON STREET