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Renanza Realty
For sale

621 GERRARD STREET E

Toronto (South Riverdale), Ontario

MLS® E13522076

$179,000

Status
Active
Property type
Retail
MLS® number
E13522076
Bedrooms
Bathrooms
Year built

Listing description

Excellent opportunity to own a well-established and fully operational vape store in a high-demand Toronto location. Successfully operating for nearly two years with a stable and loyal customer base, this turn-key business is ideal for both experienced operators and first-time business owners looking to enter the growing vaping industry. The business is fully equipped with Clover POS system, custom glass display showcases, shelving, TV, fridge, microwave, interior and exterior signage, and all essential fixtures required for daily operations.

Inventory is included in the purchase price (details to be confirmed through the Listing Brokerage). Outstanding security features provide peace of mind, including 8 surveillance cameras, professionally monitored alarm system, front metal security gate, rear metal security gate, and enhanced double-layer security. Efficient and functional layout includes a spacious retail area, private office, additional storage room, washroom, and basement storage, offering flexibility for future growth and day-to-day operations.

Established supplier relationships, a professionally developed website with an existing online customer base, and proven operating systems allow the new owner to transition seamlessly. Seller is willing to provide comprehensive training to ensure a smooth and successful takeover, making this an excellent opportunity even for first-time business owners. Business hours are 11:00 AM - 8:00 PM (closed Tuesdays).

Low monthly utility costs, two rear parking spaces, and an easy-to-manage operation make this a rare opportunity to acquire a stable, fully equipped, and profitable turn-key business with immediate operating potential. Don't miss this exceptional opportunity to own a well-established business with strong growth potential in one of Toronto's most vibrant communities.

Property summary

MLS® number
E13522076
Property type
Retail
Square footage
1,400 sq ft
Land size
Unit=14.5 x 120 FT
Annual property taxes
$4,704.00
Days on market
58 days

Features & details

Heating
Forced air, Natural gas
Cooling
Fully air conditioned

What would this home cost you?

Based on the $179,000 asking price at a 5.00% example rate, semi-annual compounding.

Estimated monthly payment$833 /mo

Unlock the Complete Cost Breakdown for this Home

Land transfer taxes, closing costs and buyer rebates for this exact price — plus an advisor to confirm what you qualify for.

Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.

Listing courtesy of BAY STREET GROUP INC., MARKHAM.

The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.

The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.