997 Cannon Street
Hamilton, ON L8L 2H4
About This Property
Corner's Variety in Hamilton, ON is For Sale. Located in a high-traffic intersection of Gage Ave N/Cannon St E High Traffic Area residential neighbourhood with excellent visibility and steady walk-in customers. Surrounded by fully developed housing communities, schools, and daily-need clientele, this convenience store enjoys strong weekly sales and consistent income from multiple revenue streams. Good business with good sales, long lease, and huge growth potential. Weekly Sales: Approx. $10,000 - $12,000, Grocery Sales Portion: 60%, Beer Sales Portion: 25%, Tobacco Sales Portion: 15%, Lotto Commission: $2300/m, Rent: $5400/m Including TMI & HST, Lease Term: Existing 4 + 5 + 5 Years Option to Renew. This business has potential to add Vape Store.
Property Details
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Features & Amenities
- View
- Air Conditioning
- Basement
TRREB MLS® Attribution
MLS® X12755416
Listed by HOMELIFE/MIRACLE REALTY LTD
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
$1,460
/month · $239,200 mortgage
Amortization
Total Interest
$198,817
Total Cost
$438,017
Estimate only. Based on Canadian semi-annual compounding, 25-yr amortization at 5.5%.
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HOMELIFE/MIRACLE REALTY LTD