639 Pharmacy Ave

Toronto E04 | Clairlea-Birchmount | M1L 3H3

$59,888

Est. Mtg $203 /mo
  • Days on market

  • Status

Listing Broker EXP REALTY
Since listed: 3 views

Home details

MLS #:

E11952864

Property type:
Sale Of Business
Style:
Taxes:
$14
Possession:
Flexible

Description


639 Pharmacy Ave, , Toronto, Ontario is a Sale Of Business property in Toronto E04 and in the Clairlea-Birchmount community in the M1L 3H3 postal code


An exceptional opportunity is available to acquire a high-end vape retail store at St. Clair Ave and Pharmacy Avenue in East end of Toronto. This modern, renovated storefront is strategically located near major transit routes, schools, and residential neighbourhoods, ensuring a steady flow of potential customers. The sale includes all display units, shelving, furniture, and a modern Point-of-Sale (POS)system. The current owner is willing to train the new buyer, introduce them to vendors, and assist with licensing. The sale includes the lease, storefront, and business assets; the operating name can be negotiated separately. Inventory is not included in the price. With good profit margins and room to expand, this business offers a great opportunity. The lease is affordable at approximately $3,190 per month (inc. TMI). The location is on a major TTC route and is surrounded by AAA tenants like Tim Hortons, Pizza Hut, Dairy Queen, and a cannabis shop, providing excellent foot traffic. **EXTRAS** Lease until June 2029, with two options to extend(5 years each).

Extras

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History

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List Date End Date List Price End Price Status MLS #
2022-07 $1,900 $1,900 E5325984
2021-08 $1,900 $1,900 E4868592
2024-10 $99,000 $69,000 E8305050
2025-02 $59,888 $59,888 E11952864

Comparables

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sold Date Address List Price sold Price DOM

Statistics: TRREB Market Watch - JUNE 2023

Municipality activity All Property Types

Sale activity

Toronto E04 :

Average sale price

$1,368,208

Properties sold

91

New Listings

135

Days on Market

10

Sale $ / List $

113%

Year on Year Growth

-1.52%



Estimated running costs for 639 Pharmacy Ave

Based on available 3rd party data

$339

Approximate costs per month

Mortgage
$203 p/m
Energy
from $75 p/m
Water
from $40 p/m
Home insurance
from $20 p/m
Taxes
$1 p/m
Maintenance
$0 p/m

Amenities:

Features:

Listing Broker EXP REALTY
Data Source: TRREB

Payment calculator

$204 monthly. In association with: TD Bank
%
  • Principal and Interest
    203 /mo
  • Property Taxes
    $1 /mo
  • Yearly Condo Fees
    $0

* These results are not provided by offerHunt.ca and are only indicative based on a repayment mortgage product. Repayments will be subject to the product provided and your circumstances.

P2 Realty Inc. Brokerage

P2 Realty Brokerage

www.offerHunt.ca

Angela Aiello, Realtor

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