2404 Eglinton AVE E #5, Toronto E04, ON M1K 2P3
2404 Eglinton AVE E #5, Toronto E04, ON M1K 2P3
2404 Eglinton AVE E #5, Toronto E04, ON M1K 2P3
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Tyler Verheul

Tyler Verheul

+1(613) 797-0208
$124,900
Est. payment /mo
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Key Details

Property Type Commercial

Sub Type Sale Of Business

Listing Status Active

Purchase Type For Sale

Municipality Toronto E04

Subdivision Ionview

MLS Listing ID E13071134

Tax Year 2026

Property Sub-Type Sale Of Business

Property Description

Location Kennedy & Eglinton, which is in Scarborough, part of Toronto. That is a busy corridor with solid foot traffic, transit access, and dense residential areas-so the "high traffic" claim is plausible. Breaking down the income claims The listing mixes revenue and extra income streams, which can be misleading. Base sales: $16,000/week ? $64,000/month revenue. But revenue ? profit. Convenience stores often have: Cigarettes: ~5-10% margins. Lotto: commissions only. Snacks/drinks: higher margins (20-40%) A realistic blended net margin might be 10-20% before expenses. Additional income" (monthly approx.). Photocopy/print: $500. Key & fob: $600. Coffee/snacks: ATM: Total: ~$2,950/month. 1. Rent & lease terms, High-traffic corners = high rent. You need: Monthly rent, Lease length + renewal options, Any rent escalations. 2. Operating costs: Utilities (fridges/freezers run 24/7), Staff wages (if not fully family-run), Inventory shrinkage/theft, Insurance. 3. Hours & workload: Open longer hours to make more, You'll likely be working very long days unless you hire staff (which cuts profit). Alcohol license.

Location

Province ON

County Toronto

Community Toronto E04

Area Toronto

Zoning Commercial

Interior

Cooling Yes

Inclusions Chattels Included: Cash register / price scanner, Telephone system, 5-door walk-in cooler, Freezer, Store shelving and display units, ATM machine, Open/illuminated signage, Open/illuminated signage, Open/illuminated signage.

Exterior

Parking Features None

Community Features Public Transit, Subways

Utilities Available Available

Building

Building Age 31-50

Lot Description Unit

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Lited by RE/MAX COMMUNITY REALTY INC.

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Tyler Verheul

More buyers are choosing LPT Realty for one simple reason — results. With a focus on personalized service, expert guidance, and a modern approach to real estate, we make every step of the process smooth, smart, and stress-free. Discover what sets us apart.

+1(613) 797-0208

tyler@tylervproperties.ca

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2404 Eglinton AVE E #5

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