97 Carlton Street

Church-Yonge Corridor, Toronto, M5B 1M1

$45,000

Reduced $24,000 from $69,000

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Listed 109 days ago · MLS® C13515338

About this home

Situated at the busy intersection of Jarvis and Carlton, this well-established convenience store presents an excellent opportunity for buyers seeking a profitable, turnkey business in the heart of downtown Toronto. Operating as a dedicated variety store for decades, the business has built a strong reputation and loyal customer base within the local community. The store has been recently renovated and upgraded with leasehold improvements to serve fast food due to high demand by customers, and has the potential to operate as a cloud kitchen as this business provides clientele with a well established kitchen fit with 3 sinks. Additional revenue streams include OLG/Lotto commissions and an on-site ATM. Passport photo and key-cutting services can be added as secondary revenue streams. The purchase price includes existing inventory, equipment, and leasehold improvements, allowing a new owner to seamlessly take over operations from day one. The sellers are unable to continue managing the business due to personal life reasons, creating a great opportunity for the next owner to step into well-performing and established operations. The seller will provide all supplier and financial details upon due diligence. Please do not go directly to the store. Sellers will provide financials during buyers due diligence.

Details

Type
Sale Of Business
Garage
None
Neighbourhood
Church-Yonge Corridor
Municipality
Toronto C08

Heating, cooling and services

Heating
Radiant

Building and exterior

Building area
600 Square Feet

More

Possession
Immediate possession available
Cross street
Jarvis x Carlton
Business type
Convenience/Variety

History of this address

1 earlier listing at this address, with sold and leased prices. Create a free account or sign in to see them.

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

  • 🚇 College Subway7 min walk
  • 🚇 Wellesley Subway10 min walk
  • 🚆 Toronto Union Station GO2.0 km

Within a 10-minute walk: 28 grocery stores, 330 cafés and restaurants, 31 parks, 33 pharmacies. Nearest grocery: Fleets Food (150 m). Nearest park: Allan Gardens (250 m).

Schools nearby

Elementary

  • Church Street Junior Public School
    EQAO: Gr 6 reading 84%, math 45%
    3 min walk
  • Our Lady of Lourdes Catholic School Catholic
    EQAO: Gr 6 reading 80%, math 43%
    7 min walk
  • Winchester Junior and Senior Public School
    EQAO: Gr 6 reading 89%, math 57%
    11 min walk
  • École élémentaire Gabrielle-Roy French
    EQAO: Gr 6 reading 100%, math 88%
    11 min walk

Secondary

  • Collège français French1 min walk
  • Native Learning Centre4 min walk
  • Jarvis Collegiate Institute
    EQAO: Gr 9 math 34%, literacy test 80%
    7 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 M5B

Owners / renters
28% / 72%
Median household income
$58,000
Average age
37
Children under 15
5%
Homes
0% detached, 94% high-rise
Commute by transit
30%
Population
17,422

Languages spoken most at home besides English: Mandarin 6.8%, Yue (Cantonese) 2.1%, Korean 1.8%, Spanish 1.7%.

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 Downtown Yonge East (2025): 123% above the Toronto average, down 17% from the year before.

  • Assault207% above average
  • Break and enter45% above average
  • Auto theft66% below average
  • Robbery83% above average
  • Theft from vehicles84% above average
  • Shootings47% 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 28 active

  • 21 MCGILL ST · 400 m
    Site Plan · Under Review · applied 2026
    Site Plan Approval for a 7-storey addition to the existing Covenant House Toronto. The proposal would increase its youth crisis and supportive housing capacity…
    Application details
  • 405 SHERBOURNE ST · 400 m
    Site Plan · Application Received · applied 2026
    Site Plan Control Application for a 35-storey (112.6) metre building (excluding mechanical penthouse) 25,069 square metres of residential gross floor area and…
    Application details
  • 349 GEORGE ST · 300 m
    Official Plan / Zoning By-law Amendment · Under Review · applied 2025
    Lift the Hold application related to a new 10-storey building, containing 80 emergency shelter beds, 100 transitional shelter beds, 124 long-term care beds, 70…
    Application details
  • 114 MAITLAND ST · 350 m
    Site Plan · Under Review · applied 2025
    Site Plan Approval for a 56-storey mixed-use building. The proposed building contains a total of 579 dwelling units, of which 36 are rental replacement units,…
    Application details
  • 114 MAITLAND ST · 350 m
    Official Plan / Zoning By-law Amendment · OMB Appeal · applied 2025
    Combined Official Plan & Zoning By-law Amendment for a 56-storey mixed-use building. The proposed building contains a total of 579 dwelling units, of which 36…
    Application details
  • 2 CARLTON ST · 450 m
    Site Plan · Under Review · applied 2025
    Site Plan application for an 80-storey tower containing 69,448 square metres of residential GFA and 10,037 square metres of non-residential GFA (Non-res GFA…
    Application details

38 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): 2 km. Transit times · Driving times

Coming transit

  • 🚧 Moss Park 1000 m
  • 🚧 Queen 1.1 km
  • 🚧 Osgoode 1.4 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

Building permits

  • Fire Alarm · 2016 · Closed
    Proposal to install a new fire alarm under 9.5.4.1 (2) of the OFC as ordered by the fire department in existing apartment building.

14 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

48 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 PROPERTY.CA INC..

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

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