2950 Kennedy Road Unit 1
Toronto E07, ON M1V 1T1
About This Property
Turn-key and profitable convenience store located at the high-traffic corner of Kennedy Road and Finch Avenue in Scarborough. This well-established, double-unit operation offers approximately 2,000 sq. ft. of functional retail space with excellent visibility, strong frontage on Kennedy, and consistent exposure from surrounding residential and commercial density. The business benefits from multiple revenue streams, including U-Haul rentals and accessories, beer and wine sales, lottery, printing and copy services, a slush and smoothie bar, Western Union money transfer, and DHL parcel service. The current owner has successfully grown revenues by expanding online U-Haul orders, increasing truck inventory, and enhancing alcohol offerings, presenting further upside for a new operator. The space features both front and rear access with ample customer parking, a large walk-in commercial freezer with six glass doors, a seven-panel refrigerator, a fully operational three-tank slush and smoothie machine, and a new coffee machine. Operating seven days a week from 9 a.m. to 9 p.m., this long-running business offers a solid foundation with strong cash flow and excellent potential for continued growth in a prime Scarborough location.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® E12746384
Listed by RE/MAX EXCELLENCE REAL ESTATE
The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). The information contained herein is from sources believed to be reliable but is not guaranteed. Information deemed reliable but not guaranteed accurate by TRREB or Team Filipe / RE/MAX.
Team Filipe · RE/MAX · (647) 210-6070
Mortgage Estimate
Est. Monthly Payment
$874
/month · $143,200 mortgage
Amortization
Total Interest
$119,024
Total Cost
$262,224
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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