550 SHEPPARD Avenue W

Bathurst Manor, Toronto, M3H 2R9

$260,000

Photo 1 of 6Photo 2 of 6Photo 3 of 6Photo 4 of 6Photo 5 of 6Photo 6 of 6

Listed 24 days ago · MLS® C13831176

About this home

Excellent opportunity to acquire a well-established convenience store in Toronto. The current owner has successfully operated the business and is now planning to retire, creating a great chance for a new operator to take over and grow the business. Low rent of only $3,000/month + hst. A new 3+5 year lease is available for the buyer, providing long-term security and stability.There is significant room for growth.Generous backroom storage and additional basement space make it easy to carry deeper inventory or introduce new product lines without disrupting the sales floor. Whether you're an experienced operator adding to your portfolio or a first-time buyer ready to be your own boss, everything is already in place the location, the customers, the systems, and the lease. Sale of business only; property not included.

Details

Type
Sale Of Business
Lot
1 × 1 ft
Garage
Public
Property tax
$1 (2026)
Neighbourhood
Bathurst Manor
Municipality
Toronto C06

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Partial

More

Possession
30-59
Cross street
BATHURST ST / SHEPPARD AVE WEST
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 Walkable

  • 🚇 Sheppard West Subway2.1 km
  • 🚇 Sheppard-Yonge Subway2.2 km
  • 🚆 Downsview Park GO3.3 km

Within a 10-minute walk: 1 grocery store, 7 cafés and restaurants, 4 parks, 3 pharmacies. Nearest grocery: Metro (200 m). Nearest park: Hinder Area (500 m).

Schools nearby

Elementary

  • St. Robert Catholic School Catholic
    EQAO: Gr 6 reading 92%, math 52%
    13 min walk
  • Dublin Heights Elementary and Middle School
    EQAO: Gr 6 reading 90%, math 63%
    17 min walk
  • Cameron Public School
    EQAO: Gr 3 reading 81%, math 87%
    1.2 km
  • Summit Heights Public School
    EQAO: Gr 6 reading 94%, math 75%
    1.7 km

Secondary

  • Willowdale Middle School1.8 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 M3H

Owners / renters
54% / 46%
Median household income
$92,000
Average age
41
Children under 15
16%
Homes
36% detached, 38% high-rise
Commute by transit
28%
Population
38,416

Languages spoken most at home besides English: Tagalog (Pilipino, Filipino) 6.1%, Russian 3.7%, Spanish 2.1%, Mandarin 1.5%.

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 Bathurst Manor (2025): 32% below the Toronto average, down 32% from the year before.

  • Assault34% below average
  • Break and enter40% below average
  • Auto theft37% below average
  • Robberyabout average
  • Theft from vehicles28% below average
  • Shootings39% above 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 4 active

  • 500 SHEPPARD AVE W · 150 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Zoning By-law Amendment proposes the development of a 35-storey residential building providing residential. The building will provide a total of 331…
    Application details
  • 665 SHEPPARD AVE W · 450 m
    Site Plan · Under Review · applied 2025
    Site Plan Application proposes the development of an 11-storey mixed-use building providing residential, home occupation uses and commercial use at grade. The…
    Application details
  • 4370 BATHURST ST · 150 m
    Site Plan · NOAC Issued · applied 2024
    One-story commercial building containing a financial institution and a retail store, with a non-residential GFA of 613.2 square metres, and 14 total parking…
    Application details
  • 665 SHEPPARD AVE W · 450 m
    Site Plan · NOAC Issued · applied 2017
    The application proposes 5-storey apartment building with 56 units, one 3-storey duplex (2 units) and 7 3-storey standard townhouses (for a total of 65 units)…
    Application details
  • 665 SHEPPARD AVE W · 450 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2023
    The application proposes to amend the Official Plan and Zoning By-law to permit an 11-storey mixed-use building with 256 residential dwelling units and 209…
    Application details

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.

2 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

19 City street trees within 100 m, mostly honeys. 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 HOMELIFE LANDMARK REALTY INC..

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

Similar homes nearby

See more in Toronto