$149,000
987 Bay Street, Toronto, ON M5S 3C4
Bay Street Corridor · C01
Listing courtesy of ROYAL STAR REALTY INC.
Bay Street Corridor · C01 · M5G 2C2
$140,000
$206 / sq ft1 months on market
Excellent Downtown Toronto Convenience Store Business Opportunity! Rare opportunity to acquire an established convenience store in a prime Downtown Toronto location near Bay St. & Dundas St. W. Situated on a busy street with excellent pedestrian traffic and strong visibility, the business benefits from a steady customer base and surrounding residential towers, offices, retail, and public transit. The business reported approximately $668,488 in gross sales in 2025, generating approximately $239,641 in gross profit and $85,204 in net profit. The business has a strong lottery component, with approximately $545,250 in net lottery sales, along with approximately $84,626 in tobacco sales and additional revenue from food, retail, durables and other categories. The location offers a long-term lease secured until January 2030, with base rent of approximately $5,256/month plus TMI and HST. The operation is well suited for an owner-operator looking for an established business with existing sales and multiple opportunities to grow revenue. Significant potential exists to expand the product mix and introduce additional products and services, subject to applicable licensing and approvals. Prime downtown location, strong pedestrian exposure, established customer traffic, long-term lease, and demonstrated profitability make this an excellent opportunity for an entrepreneur or investor.
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$149,000
Bay Street Corridor · C01
Listing courtesy of ROYAL STAR REALTY INC.
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What this home costs beyond the asking price, and how that price compares to what else is on the market.
This home is priced in line with comparable listings — about 64% of comparable business for sale listings in Bay Street Corridor are asking less.
Based on 25 comparable active business for sale listings in Bay Street Corridor. These are asking prices, not sale prices.
Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.
Payable on closing, on top of the purchase price.
An estimate on the asking price of $140,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.
Listing courtesy of CITYSCAPE REAL ESTATE LTD.. Listing data is provided in part by the Toronto Regional Real Estate Board (TRREB) and is deemed reliable but is not guaranteed accurate. Information is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. Data is updated every 15 minutes.
$165,000
Bay Street Corridor · C01
Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.
$119,000
Bay Street Corridor · C01
Listing courtesy of RE/MAX MILLENNIUM REAL ESTATE
$149,990
Bay Street Corridor · C01
Listing courtesy of CENTURY 21 NEW CONCEPT