871 Dundas ST Active Save Request In-Person Tour Request Virtual Tour
Toronto C01,ON M6J 1V6
Key Details
Property Type Commercial
Sub Type Sale Of Business
Listing Status Active
Purchase Type For Sale
Square Footage 1,300 sqft
Price per Sqft $68
Subdivision Trinity-Bellwoods
MLS Listing ID C12014958
Tax Year 2024
Property Sub-Type Sale Of Business
Property Description
This is a fantastic opportunity to acquire a well-established, high-revenue cannabis retail business in a prime Midtown Toronto location. Situated on a corner property with excellent visibility, it is surrounded by popular restaurants, bars, a gas station, and a thriving residential neighborhood. The store features a 1,300 sq. ft. main floor with high ceilings and an unfinished 900 sq. ft. basement with 9 ceilings, offering significant expansion potential. With monthly cannabis sales of $38K-$40K, accessories sales of $4K-$5K, and additional data deal income of $500-$700, this business operates at a strong 37% gross margin. The lease is$4,500 + $1,500 TMI (plus HST), and includes two dedicated parking spots. Located in one of Toronto's busiest downtown areas, this is a turnkey, money-making venture with immense growth potential. Visit : Https://Himalayacannabis.Ca/.
Location
Province ON
County Toronto
Community Trinity-Bellwoods
Area Toronto
Interior
Heating Yes
Cooling No
Exterior
Community Features Major Highway,Public Transit
Utilities Available Available