$ 260,000

550 Sheppard Avenue W, Toronto

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. (id:1945)
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Property details for 550 Sheppard Avenue W, Toronto

Type
Commercial
Lot Size
Unit=1 x 1 FT
Heating
Forced air, Natural gas
Cooling
Partially air conditioned
Annual Taxes
$1

Nearby Listings Stat

Estimated price and comparable properties near 550 Sheppard Avenue W

Active Listings
438
Min Price
$1
Max Price
$26,800,000
Avg Price
$1,292,029
Days on Market
56
days
Sold Listings
179
Min Sold Price
$108,000
Max Sold Price
$4,750,000
Avg Sold Price
$1,060,860
Days until Sold
61
days

Neighbourhood Census Data

Toronto, Ontario

Population
636
Median Age
41.8
Median Income
$27,072
Dwelling Value
$349,687

Housing Tenure

Owners 25%
Renters 75%

Age Distribution

Dwelling Types

Commute Mode

Education Level

Housing Age

Commute Duration

Avg Household Size: 2.4
Pop. Density: 19,449.5/km²
Avg Shelter Cost: $1,453/mo
Owners with Mortgage: 30.8%
Owners Spending 30%+: 30.8%
Tenants Spending 30%+: 41%
English only: 89.8%
English and French: 7.1%
Neither: 3.1%
Median Household Income: $61,568
Median Employment Income: $28,352

Price History

Listed
September 26, 2026
by HOMELIFE LANDMARK REALTY INC.
Current Price
$260,000
Type
Commercial
For Sale
550 Sheppard Avenue W

Contact Agent Get in touch about 550 Sheppard Avenue W, Toronto

YOUNG HWAN LEE
YOUNG HWAN LEE
HOMELIFE LANDMARK REALTY INC.