Home · Commercial · Scarborough · 2480 Gerrard Street E, Toronto, ON M1N 4C3
2480 Gerrard Street E, Toronto, ON M1N 4C3
Toronto E06 · Birchcliffe-Cliffside
For Sale · Sale Of Business
3 days ago
2480 Gerrard Street E, Toronto, ON M1N 4C3
Scarborough · Birchcliffe-Cliffside
Near Victoria Park / Gerrard E📍 See it on the map
MLS® E14146166
$99,000
1,800
Sq ft
Overview
About this property
- Business is a licensed liquor store with recently approved liquor sales licence in a plaza with McDonald's, Tim Hortons, and Freshco nearby.
- Average weekly sales approximately $13,000, with 40% from cigarettes; monthly lottery commissions $6,000, plus $1,000 from ATM, Bitcoin, cigarette rebate and carton sales.
- Operating costs average $1,000/month for utilities and expenses.
- Lease is 4 years at $5,971.67/month net-net rent plus $2,109 TMI.
- Currently operates 7 AM to 10 PM with option to extend hours; extra-large retail space allows for additional businesses or services.
- Current owner operated the business for 28 years, working 7 AM to 2:30 PM Monday to Friday.
Key points are generated by Renavu from the listing description — not from, provided by, or endorsed by TRREB or PropTx.
The numbers
Price per sq ft
$55 /sq ft
Tenancy & terms
Occupancy
Tenant
HST
In Addition To
Financial statements
Not available
Space
Building
1,800 sq ft
Retail
1,600 sq ft
Business
Type
Convenience/Variety
Real estate included
No, business only (premises leased)
Full-time staff
1
Hours
7-10
Franchise
No
Chattels included
Yes
Property details
Property tax
$0 (2025)
Heating
Gas Forced Air Closed
Cooling
Yes
MLS®
E14146166
Details
Full details
Parking
GaragePlaza
Market · Renavu Intelligence
Location
Listed by HOMEART REALTY SERVICES INC. · MLS® E14146166
History
Property & sold history
Listing history
| Date Start | Date End | Price | Status | Listing ID |
|---|---|---|---|---|
| 2026-11-04 | — | $99,000 | For Sale | E14146166 |
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