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For saleMLS® C13831176

550 SHEPPARD Avenue W, Toronto, ON M3H 2R9

Bathurst Manor · C06 · M3H 2R9

$260,000

1 months on market

Lot
1 × 1 ft

What's special

  • Public garage
  • Partial

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About this property

Excellent opportunity to acquire a well-established convenience store in Toronto. The current owner has successfully operated the business and is now planning to retire, creating a great chance for a new operator to take over and grow the business. Low rent of only $3,000/month + hst. A new 3+5 year lease is available for the buyer, providing long-term security and stability.There is significant room for growth.Generous backroom storage and additional basement space make it easy to carry deeper inventory or introduce new product lines without disrupting the sales floor. Whether you're an experienced operator adding to your portfolio or a first-time buyer ready to be your own boss, everything is already in place the location, the customers, the systems, and the lease. Sale of business only; property not included.

Property details

Property

Property type
business
Lot size
1 × 1 ft
Zoning
COMMERCIAL
Possession
30-59

Interior

Heating
Gas Forced Air Open
Cooling
Partial

Exterior & services

Garage
Public

Costs

List price
$260,000
Property taxes
$1 / year (2026)

Listing

MLS® number
C13831176
Status
For sale
Listed
September 25, 2026
Days on market
40
Last updated
September 26, 2026
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Price & sale history

This property's sale history is hidden

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Before you make an offer

What this home costs beyond the asking price, and how that price compares to what else is on the market.

How this price compares

This home is priced above most comparable listings — about 77% of comparable business for sale listings in Toronto are asking less.

$55KMedian $149K$399K

Based on 96 comparable active business for sale listings in Toronto. These are asking prices, not sale prices.

Mortgage estimate

Down payment5.0% · minimum $13,000
$13,000
Interest rate5-year fixed, illustrative only
4.49%
Amortization
Principal & interest
$1,365.71
Property tax (est.)
$0.08
Estimated monthly
$1,366

Estimate only. Excludes CMHC insurance premiums, which apply below 20% down, and does not constitute a mortgage approval or an offer of credit.

Land transfer tax

Payable on closing, on top of the purchase price.

Ontario
$2,375
Toronto municipal
$2,375
Total due on closing
$4,750

An estimate on the asking price of $260,000. Rates current as of September 2026; confirm the final figure with your real estate lawyer.

Listing courtesy of HOMELIFE LANDMARK REALTY INC.. 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.

$260,000

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Comparable sales nearby

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