For Sale MLS® E13576766

707 Kennedy Road

Kennedy Park · Toronto E04 · ON · M1K 2C1

On market 83 days

125 × 152 ft Lot
Other Type

About this property

Turnkey Convenience Store for Sale - Prime Kennedy Road Location, Scarborough.Exceptional opportunity to own a successful, well-established convenience store in one of Scarborough's high-demand commercial corridors. This profitable business enjoys a loyal customer base, consistent sales, and excellent visibility from a prime corner location on Kennedy Road.Surrounded by high-density residential neighbourhoods and benefiting from steady pedestrian and vehicle traffic, this business is perfectly positioned for continued success.Business Highlights-Established convenience store with strong sales history.Prime corner unit with outstanding exposure.Beer, wine, lottery, tobacco, ice cream, and convenience merchandise.Over $100,000 invested in equipment and recent renovations.Walk-in cooler, Large display windows, High ceilings ,Flexible retail layout ,Excellent storefront signage, Ample customer parking ,Located in a rapidly growing area with ongoing development. Outstanding Growth Potential .This is a true turnkey business with significant upside. Increase revenue by expanding into:Delivery platforms Specialty retail products Additional convenience services Vape sales (subject to all required licensing and regulations)Perfect for owner-operators, entrepreneurs, or investors looking for a profitable business with immediate cash flow and excellent future growth potential.Asking Price$249,000 + Inventory Inventory to be valued separately at the time of closing.

Key facts

Type Sale Of Business
Property use Without Property
Lot 125 × 152 ft
Days on market 83
Neighbourhood Kennedy Park
Property details
Property type Sale Of Business
Possession Flexible
Occupancy Owner
Cross street Kennedy Rd/ Merrian Rd
Building & utilities
Heat Gas Forced Air Closed
A/C Yes
Lot
Width / Depth 125 ft · 152 ft
Type Unit
Property use Without Property
Commercial details
Business type Convenience/Variety

Mortgage calculator

$1,163/moMonthly payment
$199,200Mortgage amount
$149,803Total interest
$398,803Total cost

Location

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Cross street: Kennedy Rd/ Merrian Rd

Market Overview

Toronto E04

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MLS® E13576766 Brokerage RE/MAX GOLD REALTY INC. Listed Jul 17, 2026 Updated Jul 23, 2026

Listing data provided by the Toronto Regional Real Estate Board (TRREB).

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The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. 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.

Last updated: October 9, 2026.

$249,000
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