Salehian.com 647-325-5000

1194 Danforth Avenue

Danforth, Toronto, M4J 1M6

$69,000

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Listed 30 days ago · MLS® E13806718

About this home

Excellent opportunity to acquire a well-established convenience store located at a major, high-traffic intersection in East York, Toronto. This store benefits from strong visibility, consistent walk-in traffic, and a solid customer base.The business currently generates approximately $7,000 in weekly sales, with additional stable income streams including lottery commission of about $800/month, ATM income of $300/month, Bitcoin machine income of $270/month, photo services bringing in $500/month, and key cutting services generating $300/month.Current rent is $3,700 per month, including HST, water, and TMI, offering excellent value for such a prime location. A new 5 + 5 year lease is available for the new owner, providing long-term stability.This business offers significant growth potential, particularly by adding beer and wine sales (subject to approvals). It is also versatile and may be converted to another type of business, making it ideal for owner-operators .

Details

Type
Sale Of Business
Garage
None
Neighbourhood
Danforth
Municipality
Toronto E03

Heating, cooling and services

Air conditioning
Yes
Utilities
Yes

Building and exterior

Building area
1,500 Square Feet

More

Possession
Flexible
Cross street
Danforth/Greenwood
Business type
Convenience/Variety

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

See what similar homes within 1 km sold for in the last year. Create a free account or sign in to see them.

The neighbourhood

Getting around Very walkable

  • 🚇 Greenwood Subway3 min walk
  • 🚇 Donlands Subway7 min walk
  • 🚆 Danforth GO2.6 km

Within a 10-minute walk: 7 grocery stores, 55 cafés and restaurants, 11 parks, 11 pharmacies. Nearest grocery: Greenwood Market (100 m). Nearest park: Felstead Park (350 m).

Schools nearby

Elementary

  • Wilkinson Junior Public School
    EQAO: Gr 6 reading 91%, math 61%    6 min walk
  • Kapapamahchakwew - Wandering Spirit School
    EQAO: Gr 6 reading 64%, math 9%    8 min walk
  • École élémentaire La Mosaïque French
    EQAO: Gr 6 reading 98%, math 85%    10 min walk

Secondary

  • Danforth Collegiate and Technical Institute
    EQAO: Gr 9 math 55%, literacy test 78%    3 min walk
  • Greenwood Secondary School
    EQAO: Gr 9 math 17%    3 min walk
  • Subway Academy I Private7 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4J

Owners / renters
62% / 38%
Median household income
$93,000
Average age
42
Children under 15
17%
Homes
29% detached, 16% high-rise
Commute by transit
30%
Population
35,128

Languages spoken most at home besides English: Greek 3.2%, Yue (Cantonese) 2.5%, Mandarin 0.9%, Tagalog (Pilipino, Filipino) 0.7%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in Danforth (2025): 58% above the Toronto average, up 13% from the year before.

  • Assault103% above average
  • Break and enterabout average
  • Auto theftabout average
  • Robberyabout average
  • Theft from vehicles48% above average
  • Shootingsnone reported

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 6 active

  • 1117 DANFORTH AVE · 200 m
    Site Plan · NOAC Issued · applied 2024
    Site Plan Amendment for a 14-storey mixed use, purpose-built rental building. The proposed development contemplates the replacement of the existing 27 rental…
    Application details
  • 184 CHATHAM AVE · 250 m
    Site Plan · NOAC Issued · applied 2024
    Site Plan Approval for a 4-storey residential building with a height of 12.3 meters (excluding stair and elevator overruns) and 42 condominium dwelling units,…
    Application details
  • 975 DANFORTH AVE · 450 m
    Site Plan · Under Review · applied 2022
    Site Plan Approval for proposed 10-storey mixed-use building having a non-residential gross floor area of 3,985.89 square metres, and a residential gross floor…
    Application details
  • 975 DANFORTH AVE · 450 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2022
    Rezoning for proposed 10-storey mixed-use building having a non-residential gross floor area of 423.63 square metres, and a residential gross floor area of…
    Application details
  • 1111 DANFORTH AVE · 200 m
    Site Plan · NOAC Issued · applied 2022
    Site Plan Control application to permit a 13-storey mixed-use building with 297 purpose-built residential rental units and 1,646 square metres of…
    Application details
  • 1030 DANFORTH AVE · 350 m
    Site Plan · Under Review · applied 2020
    INACTIVE The proposal is a site plan approval for an 8-storey mixed-use building, containing 53 residential dwelling units, and 2 non-residential units. Three…
    Application details

5 more within 500 m.

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 6 km. Transit times · Driving times

Coming transit

  • 🚧 Pape 1.0 km
  • 🚧 Cosburn 1.6 km
  • 🚧 Gerrard 1.8 km

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise Nothing major nearby

No highway within 500 m, rail line within 300 m, or airport flight path nearby.

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

What can be built CR

Commercial Residential (with a site-specific exception).

From Toronto’s Zoning By-law 569-2013 map. Lot size, setbacks and trees decide what actually fits; check with a planner before you buy.

Full lot check · Run the numbers

Heritage Listed

This address is on Toronto’s Heritage Register: Listed. The City must get 60 days’ notice before demolition, and it can move to designate the property.

Heritage Register entry

Building permits

No building permits at this address since 2014.

9 permits on this block of the street in the last 2 years.

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

52 City street trees within 100 m. That’s about the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by HOMELIFE LANDMARK REALTY INC..

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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