Investment signal

$85,000

1851 LAWRENCE AVENUE E

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Beds

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Baths

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Sqft

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Year

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Type

Business

Suite

Investment signal

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Location nearby

Nearby school, halal, mosque, grocery, park, and transit layers are still being built for Toronto (Wexford-Maryvale). The listing facts above are live; the neighborhood-intelligence layer needs POI coverage before it can score this address properly.

About this home

Turnkey opportunity to acquire a successful and profitable vape retail business ideally situated on a high-traffic stretch of Lawrence Avenue East. This well-established shop benefits from excellent visibility, consistent foot traffic, and a rapidly growing, loyal customer base. Featuring attractive end-user pricing, streamlined operations, and strong margins, the business is positioned for immediate cash flow with minimal competition in the surrounding area. The space is fully equipped and professionally set up, allowing a seamless transition for a new owner. Significant upside potential exists through extended hours, product expansion, and online sales integration. Rare opportunity to step into a thriving business in a prime location. (id:65958)

Subtype: Business
Community: Wexford-Maryvale
On market: Apr 21, 2026
Status changed: Apr 21, 2026
Annual tax: $0
Zoning: Retail
Photos: 1
MLS#: E13022702
Area: TORONTO_(WEXFORD-MARYVALE)

Features and systems

Heating

Forced airNatural gas

Cooling

Fully air conditioned

Positive cash flow ~$1,710/mo at these assumptions

Monthly rent (CAD)Adjust to your local market estimateDown payment (%)Investment props typically 20-25%Mortgage rate (% annual)Default 4.5% — adjust to your rate holdAmortization (years)

Cash on cash

120.72%

Cap rate

29.01%

GRM

3.0

Break-even rent

$600

Financing

Down payment$17,000

Loan amount$68,000

Mortgage$345/mo

Operating expenses (monthly)

Property tax(est. 0.55%/yr (AB avg))$39

Insurance$80

Maintenance$71

CapEx reserve$35

Vacancy loss$120

Estimates only. Actual cash flow depends on financing terms, condition reports, current market rents, property tax assessment, condo fees, and tenant quality. Defaults: 4.5% rate, 30-year amortization, 5% vacancy, 1%/yr maintenance, 0.5%/yr CapEx reserve, $80/mo insurance. Property tax estimated at 0.55%/yr where not provided. Talk to a mortgage broker before relying on these numbers.

Mortgage estimate

Estimated $345/mo at 4.5% with 20% down, 30-yr amortization.Estimate only — actual payment varies by qualification + insurance.

Listing brokerage

Listing brokerage on file

Listing data via CREA DDF®. Information is deemed reliable but not guaranteed accurate by CREA. Last updated Apr 21, 2026.