2404 Eglinton Avenue E 5

Ionview, Toronto, M1K 2P3

$124,900

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Listed 172 days ago · MLS® E13071134

About this home

A 32 year established store at the same location. A convenience store surrounded byseveral residential buildings and steady foot traffic from a loyal, repeat customersbase from the library, medical centre, and other businesses in the same plaza strip,plus transit access, including Kennedy subway. Very high volume of alcohol saleswith no immediate competition around this store. Room to grow further throughextended hours, expanded food and beverage offerings, and added services likeparcel pickup, passport photograph etc. The lease has 2 years remaining, and a 5-years renewal options providing the new owner with immediate stability and long-term security. Rent for the main floor and basement $5,550.00. Basement also goodfor a second business such as textiles, phone stores and so on. The owner has twobusinesses and is having trouble handling both. The owner is willing to train andadvise as long as the buyer expects. The rent includes water, heating TMI and HSTwith one payment. Coffee, sandwiches, donuts, muffins and other snacks keep thestore busy in the morning. Monthly sales approximately $60,000.00, excludingBitcoin, ATM, fob making, phone top-ups and so on. Listed for quick sale, pricenegotiable.

Details

Type
Sale Of Business
Age
31-50 years
Garage
None
Neighbourhood
Ionview
Municipality
Toronto E04

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Available

Building and exterior

Age
31-50 years
Building area
1,400 Square Feet

More

Possession
Immediately
Cross street
Kennedy Rd and Eglinton Ave. East
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

  • 🚇 Ionview LRT3 min walk
  • 🚇 Kennedy Subway8 min walk
  • 🚆 Kennedy GO9 min walk

Within a 10-minute walk: 4 grocery stores, 20 cafés and restaurants, 7 parks, 4 pharmacies. Nearest grocery: Sankar International (250 m). Nearest park: Eglinton Ravine Park (350 m).

Schools nearby

Elementary

  • St. Maria Goretti Catholic School Catholic
    EQAO: Gr 6 reading 68%, math 27%
    7 min walk
  • Ionview Public School
    EQAO: Gr 6 reading 85%, math 33%
    12 min walk
  • Corvette Junior Public School
    EQAO: Gr 6 reading 71%, math 34%
    14 min walk
  • Lord Roberts Junior Public School
    EQAO: Gr 6 reading 91%, math 56%
    18 min walk

Secondary

  • South East Year Round Alternative Centre17 min walk
  • St. Joan of Arc Catholic Academy Catholic · Private
    EQAO: Gr 9 math 53%, literacy test 69%
    18 min walk
  • Scarborough Centre for Alternative Studies1.2 km

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 M1K

Owners / renters
50% / 50%
Median household income
$72,500
Average age
41
Children under 15
16%
Homes
29% detached, 45% high-rise
Commute by transit
36%
Population
48,175

Languages spoken most at home besides English: Tamil 5%, Tagalog (Pilipino, Filipino) 4.3%, Bengali 4.1%, Yue (Cantonese) 2%.

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 Ionview (2025): about the Toronto average, about the same from the year before.

  • Assaultabout average
  • Break and enter52% below average
  • Auto theft38% below average
  • Robberyabout average
  • Theft from vehiclesabout average
  • Shootingsabout average

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 5 active

  • 2369 EGLINTON AVE E · 100 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2026
    Proposing a 35-storey mixed-use building atop a 4-storey podium. The proposed development will provide a total GFA of 26,299 sq. m. (283,075 sq. ft.)…
    Application details
  • 2444 EGLINTON AVE E · 450 m
    Site Plan · NOAC Issued · applied 2025
    The proposed development is Phase 1, Housing Now Program, and is comprised of two residential towers (Building A & B) atop a single podium. The ground floor of…
    Application details
  • 2425 EGLINTON AVE E · 200 m
    Site Plan · Under Review · applied 2022
    The proposed development consists of a 35-storey tower with a 6-storey mixed-use podiumincluding retail use at grade, three (3) floors of office uses and 362…
    Application details
  • 2425 EGLINTON AVE E · 200 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2022
    The proposed development consists of a 35-storey tower with a 6-storey mixed-use podium including retail use at grade, three (3) floors of office uses and 362…
    Application details
  • 712 KENNEDY RD · 450 m
    Site Plan · Under Review · applied 2022
    Site Plan Application for 12-storey mid-rise building framing the edge of Kennedy Road and a 29-storey building to the rear, connected by a two-storey podium.
    Application details
  • 2438 EGLINTON AVE E · 400 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2024
    Zoning By-law Amendment for a mixed use Housing Now development comprising of 919 residential units, of which 306 units are affordable units, with…
    Application details

1 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): 13 km. Transit times · Driving times

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

Building permits

No building permits at this address since 2014.

11 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

18 City street trees within 100 m, mostly lindens. That’s fewer than 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 RE/MAX COMMUNITY REALTY INC..

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

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