The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
Rare Business Opportunity! ONLY $3,500 MONTHLY RENT INCLUDING TMI, HST & WATER! An excellent opportunity to own a fully equipped grocery business in a busy commercial plaza at 3468 Danforth Ave, Toronto, near Warden Ave. Situated in a high-traffic location surrounded by established residential neighbourhoods and local businesses, offering excellent visibility and customer accessibility. Approximately 4 Years Remaining On The Existing Lease, Plus A 5-Year Renewal Option.This versatile store offers fresh fruits, vegetables, groceries, halal meat, fish, frozen foods and other everyday essentials. All Equipment and Inventory Are Included in the Purchase Price! This is a major advantage for buyers looking for a fully equipped, ready-to-operate business without the added expense of purchasing equipment or initial inventory separately. Additional Income Opportunities! Existing lottery terminal and tobacco sales authorization provide valuable opportunities to generate additional revenue. The premises feature refrigeration equipment, walk-in cooler, display units, shelving and other essential store fixtures. Another Excellent Bonus! 5 Designated Parking Spots Come With the Unit, providing added convenience for customers and business operations. Ideal for an owner-operator, family business or entrepreneur looking to establish or expand a grocery, convenience or specialty food business. Take advantage of the established commercial location, multiple revenue streams and excellent growth potential. An Optional Three-Bedroom Basement Apartment Is Available For The Business Owner At An Additional Monthly Rent Of $1,500, Subject To Landlord Approval And Availability. Don't Miss This Opportunity To Be Your Own Boss!
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What’s NearbyDistances approximate
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Estimated Rental Income
Rental estimate coming soon
We’re not showing a number until we have a data source we trust. When it’s connected, this section will show:
A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$595/mo
Mortgage (principal + interest)$595
Minimum $7,950 down for this price; the slider moves in whole percent, starting at 5%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$31,800
Ontario land transfer taxProvincial brackets, no first-time refund$1,315
Toronto land transfer taxMunicipal brackets, no first-time refund$1,315
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$37,230
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
