For SaleSale Of Business

3468 Danforth Avenue

$249,000
3d on market
MLS# E13680512Oakridge, Toronto · M1L 1E1
Bedrooms
Parking
6 Outside/Surface

About This Listing

*** RAHMI GROCERY N' FRUITS | TURNKEY GROCERY BUSINESS | PRIME SCARBOROUGH LOCATION*** Excellent opportunity to own an established, busy and fully equipped grocery store in the heart of Danforth, conveniently located near Danforth Ave & Warden Ave. Opening Hours Flexible. Approximately 1,100 sq. ft. of well-utilized space, surrounded by restaurants, residential communities and high pedestrian and vehicle traffic, offering a diverse customer base and strong growth potential. Rahmi Grocery N' Fruits offers a wide selection of Halal South Asian food products, fresh bread, fruits, halal meat, fresh fish, vegetables and everyday grocery essentials. The store features dedicated Bakery, Meat, Fresh Fish, Ice Cream and Grocery sections, providing multiple revenue streams under one roof. Lotto and cigarette licences are available. The premises include a walk-in cooler, 5 fish fridges, 2 frozen sections, dedicated ice cream fridge, meat section, central A/C and approximately 6 designated parking spaces, plus additional customer parking. The owner has invested approximately $200,000 in renovations and improvements. Monthly lease is $3,500, including TMI, HST and water, with an existing 4+5-year lease structure. Reported transaction volume is approximately $35,000, with an estimated profit margin of 55% per month. List price includes inventory, POS system, all refrigeration and store equipment, fixtures and chattels. Owner-operated business with training and transition support available. A rare turnkey opportunity for an owner-operator, family business or investor looking to establish a strong presence in a high-demand Scarborough location. Be your own boss and take advantage of the established customer base and significant growth potential!

Monthly Mortgage (P&I)$1,085
Property Tax (est.)$135
Maintenance Fees$0
Total Monthly Cost$1,220

Down payment: $49,800 (20.0%) · Mortgage: $199,200

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberE13680512
Property TypeSale Of Business
StyleWithout Property
Listing TypeFor Sale
StatusActive
Parking Spaces6
Parking TypeOutside/Surface
Days on Market3
Listed2026-08-16
CommunityOakridge
MunicipalityToronto
Cross StreetDanforth Ave And Warden Ave

Listing provided by RIGHT AT HOME REALTY

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Data last updated: August 22, 2026 at 06:25 p.m.