$ 179,000
1 - 2950 Kennedy Road
Supermarket

1 - 2950 Kennedy Road

Other
Toronto, Ontario M1V 1T1
$ 179,000
Sale
Taxes Contact Agent
Maintenance Contact Agent
Estimated Monthly Mortgage $465
Estimated Closing Costs $--
Supermarket

History

MLS®# E12746384

MLS®# E12746384

2026.01.31 New $179,000

Other Records

2025.12.01 - 2025.12.19 MLS®# E12598352 Sold Cond. $199,000
2025.01.13 - 2025.05.08 Sold $188,000
2023.01.21 - 2023.01.21 MLS®# E5804162 Terminated
2022.08.16 - 2022.08.16 MLS®# E5708317 Terminated
2021.01.01 - 2021.01.01 MLS®# E4915639 Terminated
2020.04.17 - 2020.04.17 MLS®# E4664561 Terminated

Details

Interior Rooms
MLS®#
copy
Type
Other
Lot Size
Contact Agent
Parking
0 Total Parking Spaces
0 Plaza Garage
0 Parking Spaces
Last Update
2026-02-11
Possession Date
Immediate
Listing Date
2026-01-31
Air Conditioning
Yes
Broker
RE/MAX EXCELLENCE REAL ESTATE

About

Turn-key and profitable convenience store located at the high-traffic corner of Kennedy Road and Finch Avenue in Scarborough. This well-established, double-unit operation offers approximately 2,000 sq. ft. of functional retail space with excellent visibility, strong frontage on Kennedy, and consistent exposure from surrounding residential and commercial density. The business benefits from multiple revenue streams, including U-Haul rentals and accessories, beer and wine sales, lottery, printing and copy services, a slush and smoothie bar, Western Union money transfer, and DHL parcel service. The current owner has successfully grown revenues by expanding online U-Haul orders, increasing truck inventory, and enhancing alcohol offerings, presenting further upside for a new operator. The space features both front and rear access with ample customer parking, a large walk-in commercial freezer with six glass doors, a seven-panel refrigerator, a fully operational three-tank slush and smoothie machine, and a new coffee machine. Operating seven days a week from 9 a.m. to 9 p.m., this long-running business offers a solid foundation with strong cash flow and excellent potential for continued growth in a prime Scarborough location.

The MLS® mark and associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.
The REALTOR® trademark is controlled by The Canadian Real Estate Association (CREA) and identifies real estate professionals who are members of CREA.

Investment Analysis

Estimated Monthly Costs
--
per month
Estimated Closing Costs
--
Property Tax Contact Agent

Schools

JK - Grade12

Elementary (JK-G8)

Fraser Rank(2018) 1703 / 3052 English
Fraser Rank(2018) 126 / 3052 Catholic English
Fraser Rank(2018) 1850 / 3052 Catholic English
Fraser Rank(2018) 70 / 3037 Catholic English

Secondary (G9-G12)

Fraser Rank(2023) 178 / 747 Secondary French
Fraser Rank(2023) 178 / 747 Secondary Catholic English
Fraser Rank(2023) 178 / 747 Secondary Catholic English
Fraser Rank(2023) 42 / 747 Secondary Catholic English IB

Neighbourhood

Groceries
FOODYMART 2.2 km
355 Bamburgh Cir, Scarborough, ON M1W 3Y1
Grand Fortune Food Mart 2.4 km
4390 Steeles Ave. E. Unit B1, Markham, ON, L3R 9V4
Bestco Food Mart 2.5 km
175 Commander Blvd, Scarborough, ON M1S 3M7
WinCo Food Mart 2.6 km
4394 Steeles Ave E, Unit D2-9 Market Village, Markham, ON, L3R 9V9
T&T Supermarket 2.9 km
7070 Warden Avenue, Markham, ON. L3R 5Y2
Al Premium 2.9 km
250 Alton Towers Circle, Scarborough, ON. M1V 3Z4
Food Depot Supermarket 3.1 km
3331 Sheppard Ave E, Scarborough, ON M1T 1V6
Farm Fresh Supermarket 3.1 km
4466 Sheppard Ave. E., Scarborough, ON M1S 2V7
Sunfood Supermarket 3.3 km
Denison Centre, 1661 Denison St, Markham, ON L3R 6E3
Hong Tai Supermarket 3.9 km
2555 Victoria Park Ave, Scarborough, ON M1T 1A3
Foody World 4 km
8 William Kitchen RdScarborough, ON M1P 5B7
Field Fresh Supermarket 4 km
5661 Steeles Ave E, Scarborough, ON M1V 5P6
First Choice 4.7 km
7866 Kennedy Rd, Markham, ON L3R 0L1
Tong Tai Supermarket 4.7 km
3030 Don Mills Rd E, North York, ON M2J 3B6

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