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